Recruiting

The seven advisors managed more than $450 million in combined client assets.

The number is behind previous years, but the firm’s new head of business development says independence is more appealing amid the coronavirus.

Choosing their own technology for clients was a big draw for the advisors, who affiliated with Kestra.

The No. 1 IBD has completed three of the sector’s 10 largest recruiting moves of the year.

Ameriprise, for example, has hosted more six times as many advisors virtually than it did in person last year.

It’s the latest team to exit the wirehouse as profit suffers.

The firm is targeting elite advisors who cater to high-net-worth and ultrahigh-net-worth clients.

Some of the recently acquired advisors will open branch offices for the growing BD.

Financial advisor Lazetta Rainey Braxton describes tangible methods for opening minds and advisory practices.

The firm expands on both coasts with Glasband Stempel Wealth Management in Florida and Carol Wilshire in California.