Going independent

Concurrent is catering to breakaway teams assessing their options after back-office frustrations during the coronavirus, co-founder Mike Hlavek says.

The firm serves UHNW clients, and the advisors embarked on a search in order to enable clients to have more access to private investments.

The current arrangement is anti-fiduciary and could put a drag on the wealth management boom, writes Kevin Armstrong.

The team managed $1.5 billion in client assets with Merrill Lynch, and they chose an RIA with ties to the wirehouse working in its favor.

Despite a competitive fight among wealth managers for advisors, clients and industry AUM rankings, most practices are very small businesses — and some advisors want them to stay that way.

Advisors who leave wirehouses face key tax considerations to become successful RIAs.

Moves and news at Macquarie, Rockefeller, Vanguard, Orion, and elsewhere in the financial-advice industry this week.

From compliance to technology and succession, advisors may be under the wrong impressions about launching their own firms.

After 10 years at Merrill Lynch, a financial planner felt an entrepreneurial itch; "We should do this."

Move quickly, know your tech stack and use personal email in the planning stage, writes Mark Elzweig.

The pandemic has ushered in an ultra-remote environment, complete with more video calls, more e-signing and, inevitably, more stress.

Lisa Quadrini had worked with the practice during her earlier tenure with Merrill Lynch, and she’s now launching its new office.

The quartet of advisors picked the nation’s largest IBD out of the increasing number of suitors available to ex-employee practices.

“When I left, I told Morgan Stanley [Ron] was the best person I've ever worked for in my career,” says advisor Jason Fertitta, who is hiring his old boss.

With a new brand and new leadership, the firm hopes to tap into a burgeoning wealth management sector.

The quartet of financial advisors range in age from their 20s to their 90s, and are the second group to sign with Dynasty this week.

The growing practice’s founder dropped his FINRA registration after 14 years with KMS Financial Services.

Documents shed light on how two brokers overseeing trainees allegedly called hundreds of phone numbers on Merrill’s Do Not Call list.

One of the largest wealth managers aims to attract more teams out of the crop of nearly 7,000 advisors leaving employee-channel firms each year.

The CEO of three-generation family firm says they wanted to remove conflicts of interest and offer banking and trust services to clients.