Securities America

The combined AUM of the top 10 companies has soared by 60% to more than $770 billion over the past five years.

Several of the new recruits had spent more than a decade with Questar.

The two firms' boosts came amid equity headwinds — and both wealth management units now have nearly 4,400 financial advisors.

Evolution Financial Advisors has grown to 86 advisors with $2.6 billion in client assets under Securities America.

The Ladenburg IBD failed to spot the red flags of a barred ex-advisor who later pleaded guilty to fraud, former clients say.

Ladenburg Thalmann’s largest IBD also says it recruited more than 300 advisors with $2 billion in AUM in 2018.

Commissions and cash-sweep revenue jumped by more than a combined $100 million in 2018 — even as the parent firm’s longtime chairman left the company.

The group with $175 million in client assets opted for a Ladenburg IBD they think is less likely to change hands in the future, the OSJ manager says.

The network’s parent disclosed the results of its first year under a new accounting standard affecting the top line at many large U.S. businesses.

The hybrid RIA wants to reach $10 billion in assets within four years.

The network’s largest subsidiary will support fee-only advisors, and one of its smaller firms is targeting five times its level of recruitment from 2018.

Former Securities America rep Hector May carried out a 20-year scam through his outside RIA, according to prosecutors

The 4,300-advisor network is investing in insurance distribution after benefiting from rising interest rates and record client assets.

Dr. Phillip Frost, the principal shareholder of the IBD network’s parent firm, has stepped down, giving way to CEO Richard Lampen.

The deal with the family-run independent insurance firm followed record sales in fixed-index annuities.

The OSJ spans dozens of advisors, and it marks at least the ninth major exit following a change in policies at the No. 1 IBD.

Scott Wolas assumed other people’s names to pose as a real estate agent, bartender, retired paleontologist and a registered rep, investigators say.

A FINRA arbitration claim followed an asset freeze and the launch of a federal investigation into the fired advisor’s RIA.

Securities America and Atria Wealth Solutions hired recruiting and operational heads from Ameriprise and Cetera.

Although the industry reflects stark disparities, these firms are leading their peers in the hiring of female registered representatives.