Recruiting

The largest enterprise under LPL’s biggest OSJ is getting even bigger, after adding its sixth advisor of the past 12 months.

The firm has touted its capabilities, lighter bureaucracy and corporate environment to new hires — factors that have helped lure in top talent.

Four of new hires are former wirehouse advisors.

New hires follow two big additions last month that had AUM topping $2 billion.

Both recruits had a long history with wirehouses before trading them in for the regional broker-dealer.

It’s a short move for the advisors; only four blocks separate their old office from their new digs.

LPL’s continuing major poaches from rivals make up only one of the kinds of ways that firms are vying to attract and retain advisors.

The new recruits are not the first to trade in the wirehouse for the regional broker-dealer.

Communities of color still don’t see enough advisors “who look like them.”

The firm lost talent to rival B. Riley Wealth Management.

The regional BD has had a successful run picking off top teams from the wirehouse.

The regional BD’s hiring streak continues even as it loses a manager who played a notable role in its expansion.

The advisors had generated $20 million in production at Goldman Sachs, according to their new employer.

Three years after leaving the Broker Protocol, the firm continues to selectively hire.

The quintet is the latest to join the bank’s unit catering to wealthy clients.

The former Cetera advisors joined the firm’s employee channel.

Two other groups of MML Investors financial advisors have boarded what the expanded firm’s CEO calls a “big boat” under Coastal Wealth.

The regional broker-dealer is coming off a big recruiting year.

A chance phone call and breakfast changed these advisors’ career trajectories.

The regional BD launched its 16th location in Texas — where it has scored several big hires in the past year.