Recruiting

The RIA practice with $575 million in AUM joined four teams of similar size who have signed on in the past year.

Under a FINRA proposal, firms with histories of misconduct would be required to set aside funds for anticipated arbitration awards.

Two factors are prompting an upsurge in career changes.

The list includes the biggest wirehouse breakaway team in the past five years.

Fewer than half of advisors are happy at their current workplaces.

In a bid to further enhance its capabilities for advisors, the firm is also slashing ETF transaction fees on select funds later this year.

The new recruits signed on with the firm’s independent and employee broker-dealer units.

Evolution Financial Advisors has grown to 86 advisors with $2.6 billion in client assets under Securities America.

The No. 1 IBD also nominated a new board member and tapped key executives for advisor support and government relations.

Advisor headcount reached 2,160 advisors for the first quarter, up a net 43 from the year-ago period.