LPL Financial

The practice transitioned in a week in which 15 advisors joined their new firm in three separate moves.

While the No. 1 IBD has retained a significant portion of the hybrid RIA’s advisors, its founder says the firm has major outside recruiting opportunities.

Charged with leading the firm’s recruiting and sales strategy, Scott Posner will report to the recent successor to Bill Morrissey, who left the firm last month.

A team of four women is moving to LPL in pursuit of what they say is a less difficult, lower-fee alternative.

Upon closing, the deal will push Wealth Enhancement’s advisor head count beyond 70 financial planners.

The No. 1 IBD drew in a team composed of both CPAs and advisors.

The four-advisor practice joined the No. 1 IBD after its CEO pledged to transform the company’s culture.

Firms’ head counts show how they’re responding to a challenging time in which experts predict the number of advisors to fall in coming years.

A settlement with Massachusetts regulators resolved a nontraded REIT case, but NPH’s terminations from FINRA and a handful of states are still pending.

The issuing organization is working to expand the number of firms allowing the certified kingdom advisor title to be used in marketing materials.