Recruiting

The group with $175 million in client assets opted for a Ladenburg IBD they think is less likely to change hands in the future, the OSJ manager says.

The losing firms? Morgan Stanley and Wells Fargo.

A seller’s market means firms will need to adjust pay-raise budgets for 2019. They may also need to increase salary offers to attract the best workers.

The 12-advisor practice serves clients in a group often neglected by the industry, its managing directors say.

Bleakley Financial has launched its eighth office under its affiliation with LPL and Private Advisor Group.

The $150M RIA left an IBD they had been in business with for 11 years.

Aggressive hiring practices at regional broker-dealers aren’t slowing down.

The firm will rely on training new hires and recruiting veteran advisors to meet its objective.

The new hires come at the expense of Merrill Lynch and Wells Fargo Advisors.

The six-IBD network lost advisors during a capital structure change, but its new majority owner says the predicted expansion is still on track.