Recruiting

Other firms have trod a similar expansion path — and stumbled. Will Laidlaw find its footing?

The additions came amid a revamping of the firm’s independent advisor compensation.

The new hires signed on with the firm’s employee broker-dealer.

With the industry closely watching the complex integration, the selling network's parent divulged how it struck the $1.3-billion agreement to form a giant IBD.

The wins came at the expense of Merrill Lynch, UBS, Raymond James and Wells Fargo.

It was Ray Jay’s tech and in-house marketing agency that initially appealed to the team.

“Tackling student debt is vital today if we hope to set employees up for long-term financial success,” says Scott Whatley, president of E-Trade.

It has been a banner year for regional BDs as more than 400 planners joined the fold, according to hiring data analyzed by On Wall Street.

It’s the second biggest move in 2019, and includes an advisor featured in On Wall Street’s Top 40 Under 40.

On the losing side of this exchange: Wells Fargo, UBS and Merrill Lynch.