Recruiting

The higher number of brokers in two of the megabank’s largest business segments reeled in higher client assets based on equity values and inflows.

Teams managing $7.5 billion in client assets flocked to Financial Advocates through referrals from other reps who had previously moved to the firm.

The PE-backed consolidators picked up firms with a combined $6.7 billion in client assets as high valuations and expansion plans bring sellers to the table.

An ex-executive with a firm acquired by the network three years earlier will lead FSC Securities as it seeks to grow in a competitive industry.

Sean Kaligh dropped Wells Fargo for LPL, as more planners leave wirehouses during the pandemic.

The RIA consolidator poached the founding advisor’s practice only about a year after the enterprise closed its BD in its prior move.

After topping $1 billion in client assets, Crewe Advisors completed the first step in its growth strategy.

The practice led by two brothers is the 10th to join Dynasty’s platform in 2021, as more wirehouse teams go independent.

Morgan Stanley, Raymond James, Charles Schwab and Truist aim to fuel long-term shifts in advisor recruitment and retention through a series of new programs.

Fed up with the traditional brokerage training programs, financial advisors are opening more doors right into independent practices.