Career moves

Only one state — Minnesota — has so far adopted the new policy.

Some think the firm needs to become better known if it's to reach its growth goals.

The board's succession committee said the big bonuses were paid out in "the best interests of the company."

In rare move, passed-up Saperstein to stay on as head of wealth and asset management.

Saperstein, the president of the big bank's star wealth unit, to be head of wealth and investment management.

Columbia Wealth Advisors consists of roughly 50 advisors and other professionals affiliated with a large regional bank.

The nine-person team specializes in working with ultrahigh net worth clients, including private equity partners and company executives.

The leaders of the group specializing in serving high net worth families were seeking to run their business entirely on a fiduciary basis.

The combined organizations will represent roughly 20,000 financial professionals.

LPL's employee channel has proved popular since its 2019 launch, and recently announced its first $1B team. Here's how that move happened and where Linsco goes from here.