Career advancement

JPMorgan also builds out the ranks of its private advisory group with execs poached from Goldman Sachs, Wells Fargo and Ernst & Young.

The first-of-its-kind survey of the channel showed that among directors, women can expect tens of thousands of dollars less than men in the same roles.

New chief executive Tony Miller has served as president of the large regional brokerage firm since 2023.

Citizens meanwhile extends its presence in Florida with a $750 million team from RBC and Envestnet hires a new CEO.

The many technical skills and professional requirements get most of the attention. But experts say a transition also requires a great deal of time and other capabilities.

Raymond James also recruited from Charles Schwab, and LPL from Raymond James and Merrill

LPL also drew from Osaic again, RIA aggregators made some big M&A deals and Merrill rehired an executive who left to go to Citi more than six years ago.

The answer depends first and foremost on how much time financial advisors have for an emotionally and technically challenging process, experts said.

Focus Financial Partners also merges two of its RIAs and Captrust buys up two practices together managing nearly $2 billion.

Cetera also names the next president of its wealth management division and Corient scoops up a $7.9 billion RIA in Maine.