Going independent

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.

The group leader, advisor Lars Olson, had been with the wirehouse since 1994.

Advisors may sometimes overlook clients with special needs, despite the size of the community and available tools like ABLE Accounts.

The IBD completed a stellar recruiting year by adding a team led by a 30-year veteran advisor.

LPL Financial and indie rivals like Raymond James, Wells Fargo FiNet and Kestra Financial completed at least 17 recruiting grabs of $800 million or more this year.

It’s one of the largest teams to quit a wirehouse this year.

The OSJ scooped up teams from Edward Jones, Wells Fargo Advisors and Wedbush Securities.

The Buffalo, New York location is the independent firm’s 12th nationwide.

The Boston-based boutique oversees the assets of roughly 140 full- service clients and 800 individual households.

It’s one of the largest recruiting moves of the year in the independent broker-dealer sector.

The private equity-backed firm’s bottom line has been less affected by coronavirus-related low interest rates than its rivals, Moody’s says.