Independent BDs

Ascensus sold the practice with four reps and $490 million in client assets after acquiring it two years ago.

Questions about job losses and real estate are adding more complexity to the usual post-deal issues involving advisor retention and company consolidation.

Wealth Enhancement Group’s second acquisition of 2021 comes as experts say there’s an “ever-increasing buyer appetite” for $1 billion-plus firms.

With planners aging and the industry’s demographics still far out of step with the country’s, wealth managers are bulking up their support for new entrants.

Part of a push by the company to open offices in underserved areas, Anthony Williams aims to make it “a pillar” of the community, he says.

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

The wealth manager aims to build connections and take feedback through a new group resembling ones launched by rivals in recent years.

The IBD unveiled its second major recruiting addition in as many months to kick off the year.

As wealth managers compete for advisors, the firm picked a former one to lead it.

The agreement will expand the companies’ recruiting efforts in the bank and wirehouse channels.