Career moves

The advisors staff the regional BD’s 17th office in Michigan, where it has been on a recruiting streak.

During Andy Kalbaugh’s tenure with the No. 1 IBD, its headcount grew by more than 50% to nearly 17,000 reps.

There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.

The team caters to athletes, entertainers, and entrepreneurs.

They all spent over a decade at their former firm.

The hires hail from Morgan Stanley and Wells Fargo.

The new hires were previously at Merrill Lynch, UBS, and BB&T.

The fintech’s new executive says cryptocurrency will help communities that the financial services industry isn’t serving.

The firm’s growth plans come as the industry experiences a new wave of consolidation among custodians and fintechs.

“We basically had clients demanding that we find a new home,” after Wells Fargo failed to secure PPP loans for them, an advisor says.