Going independent

The fully-independent channel remain a competitive threat to IBDs attempting to retain top advisors while dealing with lost revenue.

New COO is pitching firm’s name, platform — and capital.

Affiliating with a bigger platform is often a helpful and necessary step for indie advisors.

The team, which already has $3.5 billion in AUA, will service bond requests of any type from Arkadios Capital’s advisors.

The practice transitioned in a week in which 15 advisors joined their new firm in three separate moves.

The former J.P. Morgan Securities team includes an industry veteran with 33 years experience.

Martin Rice and his partner Beau Barrett joined a network launched by Rice’s old training partner, Jim Dickson.

While the No. 1 IBD has retained a significant portion of the hybrid RIA’s advisors, its founder says the firm has major outside recruiting opportunities.

Gratz Park Private Wealth will offer internships and shadow programs to college women interested in business.

The advisors include the father, mother, daughter and son.