Independent BDs

Wealth Enhancement Group has also grown organically by more than $1 billion each of the past two years.

Independent Advisor Alliance also started a robo advisor under Betterment for Advisors after adding more than $2 billion in assets over the past 12 months.

Summit Brokerage Services will fold 450 advisors into one of the 41 OSJ regions under Cetera Advisor Networks this summer.

Robert Limmer made the move after less than a year at Gladstone Wealth Group.

The entrepreneur's OSJ also recruited an advisor named after J.P. Morgan and another new affiliated practice.

Two perennial champions retained their top ranks in 2019 — but the aging demographic poses challenges for all firms, according to J.D. Power.

A barred broker told clients the lifestyle media company was about to be acquired, so “they needed to act quickly,” according to the regulator.

Summit Brokerage Services wasn’t feeding the notifications into the transactions blotter while its ownership went into flux, according to the regulator.

Clients seeking to recoup some $14 million in damages have received only 12% of their total claims, according to an SEC-appointed receiver.

Recruitment is ongoing — not a one-time sales pitch.