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The firm lost 94 existing advisors, but recruited 79 new ones in the first quarter. Here are six of its new additions.
April 24 -
“There aren’t many combination opportunities left, so about six or seven months ago we recommitted ourselves to recruiting and got more aggressive in recruiting,” says Michael Purpura, president of D.A. Davidson Wealth Management.
April 23 -
The latest moves bolster the firm’s presence in the Northeast.
April 20 -
The wirehouse recently reported advisor headcount shrank by 258 advisors year-over-year.
April 19 -
Dennis Zank will continue to be affiliated with Raymond James as a financial advisor.
April 18 -
The firm also opened a new office in Lancaster, Pennsylvania.
April 18 -
Known for his “safe and cheap” investing mantra, he distinguished his style from that of Benjamin Graham and David Dodd, the fathers of value investing.
April 18 -
The executive will lead PNC’s wealth business beginning in June.
April 17 -
The wirehouse exodus continues, as a team of Wells Fargo advisors jumps ship for the independent firm.
April 17 -
Timothy Scheve will complete the term of John Thiel, the former head of Merrill Lynch, who left FINRA's board earlier this year.
April 16 -
Tom Thives, a 34-year industry veteran, will head up the firm’s offices in New Jersey.
April 12 -
One of the biggest notable losses came from Merrill Lynch, which lost a team managing $1 billion to the independent space.
April 11 -
The advisor, a former employee, has been soliciting more than two dozen clients at the bank, JPMorgan says.
April 11 -
Bill Hamm’s Independent Financial Partners has grown more than fivefold in 10 years with the No. 1 IBD.
April 10 -
Like other broker-dealers, the firm is far from achieving a ratio of 50/50 men-and-women planners.
April 10 -
The firm was defined by a culture of “no, no, no,” a top headhunter says as part of On Wall Street’s annual recruiters roundtable.
April 9 -
The $263 million practice’s new IBD reported record recruiting for 2017, helped in part by the movement of advisors following LPL’s massive acquisition.
April 9 -
The new hires say they were drawn to the firm’s investment platform, product offerings and investment diversification.
April 4 -
The Advisor Group IBD added three new teams, but state regulators required enhanced oversight of one new recruit.
April 4 -
The newly independent advisors added a new team and are looking to bring on more practices.
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