Industry

The new complex manager will oversee 43 advisers at the regional brokerage.

Critical criteria that can raise the market price of an advisers' book.

Firms must offer them to tap new talent amid the industry’s succession problems, the custodian says.

The firm also said it has benefited from low attrition and its training program.

The advisers previously worked at RBC Wealth Management, with one of them making the firm’s Chairman’s Council.

Second-quarter costs increased in almost every category for the asset manager including compensation and distribution.

The two advisers bolted in a quarter that saw their ex-firm lose 130 advisers.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

This is the second time Jefferies has poached Miami-based adviser talent from the wirehouse.

Depending on business mix, some advisers could see a pay cut.