Career moves

The move is one of the largest of the year.

Seventy-seven percent of advisors report they have lost business as a result of not having the appropriate digital tools to interact with clients, according to a new report.

The new additions oversaw more than $275 million at their former employers.

Focusing on “investment in leadership and access to markets,” the IBD aims to support reps and clients of diverse backgrounds, its head recruiter says.

The father-son practice with two other advisors switched their affiliations after its founder had spent 18 years with New York Life.

Recruiting is up in a year of unprecedented upheaval. What gives?

The latest roundup of news in the IBD and RIA channels comes in a time of economic turmoil and big transactions.

The advisors staff the regional BD’s 17th office in Michigan, where it has been on a recruiting streak.

During Andy Kalbaugh’s tenure with the No. 1 IBD, its headcount grew by more than 50% to nearly 17,000 reps.

There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.