Content classifications

The new player aims to disrupt the sector despite losing some 300 reps to other firms.

The advisors managed more than $225 million in combined client assets.

One departing practice managed $100 million in assets.

Several of the new recruits had spent more than a decade with Questar.

The team joins Raymond James’ burgeoning brokerage ranks, which recently hit 7,862 independent and employee advisors.

While the wirehouse has suffered from advisor attrition, the regional BD has grown its brokerage ranks.

The IBD last recruited a practice from Cetera in October.

The firm has a particular focus on female clients and empowering women to better control their finances.

The firm has its origins as a family office founded by John D. Rockefeller in 1882.

Several of the firm’s new hires are industry veterans with more than 30 years of industry experience.

Richard Fuld's Matrix Private Capital Group has both asset and wealth management operations.

The win follows a first-quarter report showing it grew its ranks 3.4% over the prior year.

The regional BD has approximately 1,800 advisors.

The advisors are the latest in a string to jump from a wirehouse to a regional BD.

The pickup adds to the platform service provider’s hot streak.

Advisors from rivals Merrill and Wells Fargo will join the firm. “Our recruiting pipeline is robust," an executive says.

The five advisors with $180 million in AUM opted to bolt for the firm launched by a practice once affiliated with Triad Advisors.

Lisa Dolly will give way to COO Jim Crowley later this year, parent firm BNY Mellon says.

The RIA practice with $575 million in AUM joined four teams of similar size who have signed on in the past year.

Two factors are prompting an upsurge in career changes.