Career moves

Financial advisor Alan Kodama’s team aligned with the No. 1 IBD as it reeled in $35 billion in recruited client assets in the second quarter.

A roundup of this week's news includes advisors on the move, new hires and SEC enforcement.

At least 10 senior bankers and numerous junior employees across the world’s largest wealth management market have left.

The TAMP has also created a new chief digital officer role to oversee improvements to the firm’s technology infrastructure.

A roundup of this week's news includes advisors on the move, new hires

Philadelphia-based Janney Montgomery Scott added three teams from Wells Fargo and Merrill Lynch across two states managing $1.4 billion in client assets.

Here's what you missed this week in wealth management.

Raymond James’ advisor employee headcount has remained relatively flat over the last five quarters, while its 1099 channel saw an increase of 3% over the same time period, according to the company’s latest earnings report.

Banks and other institutions are driving significant recruiting moves while aiming to convince more members and clients to sign up for financial advice.

The head of Ark Investment Management will assist fintech platform Tifin as the company’s subsidiary Magnifi introduces commission-free brokerage services.