Recruiting
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The BNY company unveiled an expanded custodial agreement with a large wealth management client in the fourth quarter, as asset values boosted its results.
January 15 -
LPL also drew from Osaic again, RIA aggregators made some big M&A deals and Merrill rehired an executive who left to go to Citi more than six years ago.
January 10 -
The answer depends first and foremost on how much time financial advisors have for an emotionally and technically challenging process, experts said.
January 9 -
Nicholas Takahashi stood accused of taking confidential information when he left for Raymond James last summer. But a federal judge said she saw no convincing evidence of illicit dealings.
January 7 -
On Monday, Marc Turansky began as head of investment advisory, a newly created role at Citi, which continues its quest to become the largest wealth manager in the world.
January 6 -
Robert Daly was part of a star team that left Morgan Stanley in 2023 to join First Republic and has since been barred from the industry.
January 6 -
Focus Financial Partners also merges two of its RIAs and Captrust buys up two practices together managing nearly $2 billion.
January 3 -
More than five dozen stories from the past year reflect an era of building controversy and pushback amid ongoing efforts to remove barriers and promote careers.
December 27 -
Fifth Third Wealth Advisors President Eric Housman thinks his bank's $2 billion advisory practice still occupies a distinct position in the industry. But it's not likely to stay that way.
December 27 -
Michael Bernier oversaw roughly $165 million in client assets at Canter Strategic Wealth Management, a firm with $300 million under management. Then he left to join LPL.
December 26 -
Cetera also names the next president of its wealth management division and Corient scoops up a $7.9 billion RIA in Maine.
December 20 -
Independent firms are going beyond traditional wirehouse compensation packages to promote collective partnership and reward incoming teams.
December 20 -
The case stems from Raymond James' recruitment of the $2.8 billion Wise Advisor Group from Baird, which also landed a penalty for a broker protocol violation.
December 16 -
The rival firms will pay for a forensic consultant to preserve evidence of transferred confidential data while they await FINRA arbitration.
December 16 -
Amplified Planning is expanding beyond the Externship into a new four-month course and a monthly subscription service for outsourced professional development.
December 13 -
Homrich Berg also acquires a $6.4 billion RIA and Hightower takes a stake in an $800 million advisory practice.
December 13 -
Scott Burnett and Peter Kelson, formerly of Zions Direct, plan to work mainly with public entities, corporations, foundations and endowments.
December 12 -
The 10 largest transitions include deals by LPL and Osaic, hybrid RIAs that received private equity infusions and even a new public offering by a SPAC investor.
December 11 -
A 20-plus-year veteran replaces Manish Dave, who left the post in October.
December 9 -
Recruiting moves, M&A deals, influxes of capital, internal rollups and business pivots are fueling the industry's race to scale.
December 6


















