Recruiting

The firm’s new recruits include a 31-year Merrill Lynch veteran.

The bank's general counsel is temporarily in charge of an external search for a new CEO.

The newest recruits are indicative of the firm's hiring push.

The advisors joined a former colleague at Steward Partners, an independent firm affiliated with Raymond James.

Arkadios Capital poached three advisors from its founders’ former firm after its revenue more than tripled in 2018.

More than 650 advisors considering a career change visited the firm's headquarters during its last fiscal year.

Jon Dayton left Merrill Lynch where he had worked for 19 years.

Ladenburg Thalmann’s largest IBD also says it recruited more than 300 advisors with $2 billion in AUM in 2018.

The advisor trio joined the firm after its best recruiting year ever.

Jamie Grupe will be teaming with veteran Ameriprise advisor Steve Kinney.

The advisors were lifelong Morgan Stanley advisors, having started their careers at Smith Barney before Morgan acquired it.

Commissions and cash-sweep revenue jumped by more than a combined $100 million in 2018 — even as the parent firm’s longtime chairman left the company.

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.