Recruiting

CG Advisor Network leaves Geneos Wealth and changes its primary custodian from Schwab's TD Ameritrade.

The firm followed rival wirehouses that no longer share their exact number of brokers, which is a critical metric for industry recruiting trends.

The megabank had another productive recruiting quarter in its wealth units, as it reported record first-quarter revenue Friday.

Startups were left reeling after SVB's failure. But there are challenges to serving young companies.

CEO Jamie Price's team is considering a range of potential strategies that could represent significant changes to the private equity-backed firm.

The line between independent firms and wirehouses is beginning to blur, causing advisors to rethink their options, writes recruiter Louis Diamond.

The move comes as First Republic's struggles in the banking crisis have driven many high-profile advisors to leave, creating an opening for others to poach.

CEO Greg Fleming's team secured more than $600 million in capital that brings together two of North America's influential financial families.

It wouldn't be easy for elite advisors at the bank to leave, for reasons ranging from loyalty to deferred compensation. But as spooked clients demand stability, some competitors see a rare opening to recruit.

The advisors left a firm called Regulus and aligned with AdvisorNet Financial as they seek to build a larger base of individual wealth and planning clients.