Osaic

A giant wealth manager is expanding its reach in a rapidly consolidating channel of the industry that simultaneously needs to hire a lot more financial advisors.

The enterprise left Kestra for Triad Advisors as part of the largest recruiting addition to the independent wealth manager in years.

With succession plans fueling the industry’s continuing records in M&A deals, one firm is trying to address the challenge through its acquisition strategy.

Kristin Kimmell brings decades of experience and notable success as the replacement to the former head recruiter promoted only last year.

The Advisor Group IBD missed 55 alerts suggesting suspicious disbursements by clients of Hector May, according to the SEC.

The private equity-backed wealth and 401(k) manager drew away an ex-Hightower team as part of its surging growth in the past year.

The litigation reveals how wealth managers’ deals with product sponsors work and how one with a former Voya unit went awry.

The 20-advisor team left Advisor Group’s Securities America for the private equity-backed holding company’s independent subsidiary, Cadaret Grant.

The growing practice’s founder dropped his FINRA registration after 14 years with KMS Financial Services.

The wealth manager aims to build connections and take feedback through a new group resembling ones launched by rivals in recent years.