A Signator Investors practice with $385 million in client assets bolted for Royal Alliance Associates in a tense parting that resulted in Signator firing the firm’s chief of operations before the switch.
Royal Alliance, the largest of Advisor Group’s four broker-dealers, announced the addition of Occidental Underwriters this week, noting 30 producing representatives at the Honolulu-based firm. The practice’s former BD, however, had months earlier decried what it referred to as “pre-recruiting” efforts by Occidental operations chief Brant Yamamoto, FINRA BrokerCheck filings show.
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