Regional BDs

The firm has been hiring advisors aggressively, attracting talent with its culture and technology.

Six of the new recruits broke away from Merrill Lynch.

One team set up an independent practice while the other signed on with the firm’s employee broker-dealer.

The regional BD continues its accelerated expansion with the addition of three ex-wirehouse teams, including a father-son duo.

The regional firm lost three advisors, one of whom joined a group that's added some $1.2 billion in recruited assets and organic growth this year.

The purchase gives the firm, which relies on the U.S. for nearly all revenue, a foothold in Canada.

The recruits include a 37-year industry veteran who co-managed $240 million in client assets.

The firm agreed to “remove language that formed the basis of the alleged misrepresentations."

The regional BD has maintained a steady influx of wirehouse advisors.

The No. 1 IBD aims to triple its potential target market reach, in part by adapting some aspects of employee services to independence.

The regional BD opened its third new location in Texas this year.

The wirehouse loses four more advisors to the regional BD.

Two of the new hires are brothers who spent more than 20 years at the wirehouse.

The recruits also opened a new branch for the regional BD.

One advisor has more than three decades of experience in the business.

The BD’s employee channel is attracting more independent reps through offerings like technology and practice acquisition support.

Brokers at the firm have expressed concern their employer and the CFP Board are on a collision course.

The advisors managed more than $225 million in combined client assets.

While the wirehouse has suffered from advisor attrition, the regional BD has grown its brokerage ranks.

Several of the firm’s new hires are industry veterans with more than 30 years of industry experience.