Career moves

Ameriprise scores big in its latest round of recruiting.

Executives say valuing friendliness alongside other factors is helping to drive a record $66 million in incoming production this year.

The firm has seen a number of planners exit in recent months.

The hiring spree follows the firm’s move earlier this year to become a member of the Broker Protocol.

The latest recruiting sweep included eight advisors in five states.

The firm alleges the advisors violated a non-solicitation contract, which they have denied doing.

The broker is the fifth advisor this month to part ways with Raymond James.

The company's head count has expanded by 43 advisors in the past year.

Brokerage firms have been filing more lawsuits against former employees over alleged violations of non-solicitation agreements.

The firm “has experienced a successful streak of recruiting over the last two years, adding more than 100 experienced financial advisors during that period,” says President Jerry Lombard.