Recruiting

The five new advisors kicked off recruiting in 2019 for the No. 4 IBD after it set a record in the previous year.

The firm’s newest recruits come from Merrill Lynch and Wells Fargo.

The retirement plan-focused group’s new OSJ had left the No. 1 IBD in 2017 and will grow to 160 advisors under the move.

Advisors Daniel Conners and Michael Crawford were looking for new tech and more comprehensive planning offerings for their clients.

The broker-dealer filed a motion requesting that Jason Kirkland’s lawyer not be allowed to represent him in court.

This is the first career move by Angie Messer and Greg Rust, who worked at the regional BD for 10 and 27 years, respectively.

Talent appears to be pouring from the wirehouse as more planners exit.

The No. 1 IBD is marshaling transition assistance, technology and other resources toward recruiting success across the firm and its bank channel.

Jason Kirkland, a former Baird employee, has sued the firm for allegedly withholding his compensation.

The regional brokerage isn’t slowing down its recruiting efforts.

The advisors joined the firm’s employee and independent broker-dealer units.

“I don’t want to call a helpline, I want a partnership,” the advisor says of her move to the firm, which expects to hit record gross recruited production.

The firm has recruited 22% more advisors in 2018 than the year-ago period.

Addressing the imbalance in the industry is a strategic imperative.

The custodian says as it rebuilds for a digital era, hiring technologists is a top priority.

The No. 1 IBD’s advisory AUM flows show results from the company’s efforts to reward advisors for choosing its custody instead of outside firms.

The new hires came at the expense of Merrill Lynch, Morgan Stanley, UBS and Hilliard Lyons.

The firm is led by ex-wirehouse executives aiming to recruit large wirehouse teams.

The 50 largest teams and OSJs to change their affiliations show both the threat to incumbent firms posed by RIAs and the scale afforded by acquisitions.