Recruiting

The new additions include an advisor with five decades of experience in the business, plus his two sons.

Hailing from Merrill Lynch, Edward Jones and Waddell & Reed, the advisors join as both employees and independents

The newly independent advisor oversaw $92 million in client assets.

One team is among the top producers in their region, and the other spent more than two years assessing potential employers.

The moves also indicate advisors are more willing to make a career change following a recruiting slowdown due to the coronavirus.

More than 300 reps have switched BDs so far this year, with LPL and Cambridge Investment Research completing the two largest grabs.

The team is staffing a new office in California for the boutique wealth manager.

The wirehouse, which has reduced recruiting efforts, enticed the team over from AllianceBernstein.

The advisors had logged seven years at their former wirehouse.

Planner Lazetta Braxton explains what allies can do to reduce the fear and heartbreak that comes from working in a predominately white profession.