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It's the firm's largest headcount reduction since 2016.

Talent appears to be pouring from the wirehouse as more planners exit.

Sustaining growth will become an increasing challenge, says the firm’s incoming chief revenue officer.

“Recent small reductions in headcount reflect the need to balance our workforce growth with the current needs of our business," the company says.

The former CEO of HD Vest left the firm three months earlier than he originally anticipated.

Taking these steps can help clients insulate themselves from some of the market volatility that we've been experiencing recently, says one expert.

The No. 1 IBD is marshaling transition assistance, technology and other resources toward recruiting success across the firm and its bank channel.

The regional brokerage isn’t slowing down its recruiting efforts.

The advisors joined the firm’s employee and independent broker-dealer units.

“I don’t want to call a helpline, I want a partnership,” the advisor says of her move to the firm, which expects to hit record gross recruited production.

The firm has recruited 22% more advisors in 2018 than the year-ago period.

The No. 1 IBD’s advisory AUM flows show results from the company’s efforts to reward advisors for choosing its custody instead of outside firms.

The new hires came at the expense of Merrill Lynch, Morgan Stanley, UBS and Hilliard Lyons.

The firm is led by ex-wirehouse executives aiming to recruit large wirehouse teams.

The 50 largest teams and OSJs to change their affiliations show both the threat to incumbent firms posed by RIAs and the scale afforded by acquisitions.

The following 17 teams oversaw about $75 billion in assets. The firms ending the year with prize recruits include a diverse cast: regional BDs, wirehouses, boutiques and RIAs.

The firm has been looking to its wirehouse competitors for new hires throughout the year.

Evan Guido is looking to partner more closely with CPAs.

Independent Advisor Alliance and Private Advisor Group — two of the firm’s largest hybrid RIAs — say they’ve added billions in clients assets from IFP.

It’s another high-profile addition for the firm led by ex-Morgan Stanley executive Greg Fleming.