Content classifications

The number is behind previous years, but the firm’s new head of business development says independence is more appealing amid the coronavirus.

Choosing their own technology for clients was a big draw for the advisors, who affiliated with Kestra.

The No. 1 IBD has completed three of the sector’s 10 largest recruiting moves of the year.

It’s the latest team to exit the wirehouse as profit suffers.

The firm expands on both coasts with Glasband Stempel Wealth Management in Florida and Carol Wilshire in California.

The group includes an advisor who started his career at Merrill in 1977.

This follows another August acquisition — an ex-UBS team that managed $1 billion in assets.

The slate of new hires come from several competitors including Wells Fargo and Edward Jones.

The new recruits include a 34-year industry veteran.

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.

The team caters to athletes, entertainers, and entrepreneurs.