Business development

Billy Ricketts is most likely the elder stateswoman of wealth management — but she and her grandson believed it was time for something new.

Blucora’s Avantax Wealth Management combines two firms that took competing approaches to serving tax professionals branching into wealth management.

Triad Hybrid Solutions has added 31 advisors and $1.3 billion in AUM since the beginning of last year.

CEO James Poer seeks a different approach from rivals under the IBD’s new ownership.

The private equity-backed IBD and its breakaway channel added teams managing $380 million in client assets.

The independent broker-dealer has launched subsidiary Bluespring Wealth Partners, which promptly snapped up two practices with $550 million in client assets.

The aggregator’s $300 billion-plus institutional retirement business is an advantage in a competitive market.

The firm added an experienced advisor from Wells Fargo after recruiting 72 other tenured reps in the second quarter.

President Adam Antoniades cites record expansion for the year, but the IBD network faces challenges related to recruiting and debt levels.

Ladenburg Thalmann's largest firm has added at least five teams in the wake of recent acquisitions by rivals.

The freshly recapitalized firm is offering succession services without any custodial or affiliation requirements.

After affiliating with Advisor Group following its acquisition, Signature Estate & Investment Advisors aims to offer its TAMP across the network.

Integrated Partners added a father-son team, surpassing its recruited client assets from the previous year.

Commonwealth and Edward Jones remain the top-rated firms — J.D. Power notes they share a few characteristics in common.

Aaron Schaben and Teri Shepherd are named co-presidents of the wealth firm.

Independent Advisor Alliance also started a robo advisor under Betterment for Advisors after adding more than $2 billion in assets over the past 12 months.

Summit Brokerage Services will fold 450 advisors into one of the 41 OSJ regions under Cetera Advisor Networks this summer.

The firm's chief has led growth to an expected $1 billion in revenue this year from $7 million in 1998 when she joined. It's a matter of embracing the sector's evolution, she says.

The No. 1 IBD aims to triple its potential target market reach, in part by adapting some aspects of employee services to independence.

The BD’s employee channel is attracting more independent reps through offerings like technology and practice acquisition support.