Professional development

Citizens meanwhile extends its presence in Florida with a $750 million team from RBC and Envestnet hires a new CEO.

We named the largest firms and honored those making an impact in wealth management and technology, among other recognitions in the last year.

The many technical skills and professional requirements get most of the attention. But experts say a transition also requires a great deal of time and other capabilities.

Raymond James also recruited from Charles Schwab, and LPL from Raymond James and Merrill

LPL also drew from Osaic again, RIA aggregators made some big M&A deals and Merrill rehired an executive who left to go to Citi more than six years ago.

The answer depends first and foremost on how much time financial advisors have for an emotionally and technically challenging process, experts said.

Founders Sonya Dreizler and Liv Gagnon said they hope their firm's successes provide "a stepping stone" for others to keep working toward its mission.

Focus Financial Partners also merges two of its RIAs and Captrust buys up two practices together managing nearly $2 billion.

A lawyer in New York needs help paying off her loans from law school. Are educational assistance programs the answer?

The "model rule" for state regulators is meant to help clients distinguish between advisors who earn management fees and brokers who collect transaction-based commissions.