Industry

Two advisors have left J.P. Morgan Private Bank to join Barclays' wealth management division in Palm Beach, Fla.

The Atlanta-based IBD, which offers advisory firms both a broker-dealer and a fee-based RIA multi-custodial platform, is closing in on a record $20 million in new revenues this year.

Point72 Asset Management said it took a 5.1% passive stake in RCS in a Nov. 14 regulatory filing.

Raymond James & Associates lured away one advisor who generated $2 million in production.

Advisors need to face a hard truth: Independent RIAs have lost this round. Fortunately, there are other, better ways to set yourself apart.

The wirehouse is set to increase deferred comp for its advisors in 2015.

RBC Wealth Management-U.S. grabbed a trio of financial advisors generating $1.8 million in annual revenue from Oppenheimer & Co.

Raymond James & Associates has recruited financial advisors from RBC and TD Ameritrade, including one with $100 million in AUM.

Nicholas Schorsch's expanded financial advisory business reported adjusted net third-quarter income of $35.5 million on Thursday, but revenue was driven by higher retail and investment management results.

John Leto, former regional wealth leader for the firm's metro New York region, will lead the sales and support functions of TD Wealth Private Client Group.