Recruiting

Cresset added five more advisors to the previous 10 that the megabank claims a founding partner recruited in violation of the terms of his resignation.

Kuttin Wealth Management is four years into an ambitious strategy to build offices nationwide using the model of its founder’s practice.

Penn Mutual-owned Hornor, Townsend & Kent has completed an executive shakeup after its advisor headcount fell by 10% last year.

The wirehouse’s decision to drop foreign business earlier this year has created a recruiting opportunity for its rivals.

Concurrent is having its best recruiting year ever, and the firm’s new managing director of business development aims to boost its expansion even more.

The wealth manager has opened more ways to affiliate with the firm by starting to tap M&A deals with a sizeable pipeline for more in the future.

Financial advisor Alan Kodama’s team aligned with the No. 1 IBD as it reeled in $35 billion in recruited client assets in the second quarter.

Despite fewer incoming advisors, CEO Ron Kruszewski says the company’s pipeline is strong and extending to the independent channel.

The nation’s largest independent broker-dealer aims to boost expansion even more, and it’s not ruling out launching its own bank.

In a session at the industry trade group’s conference, planner Lazetta Rainey Braxton connected racial and financial literacy.