Regional BDs

The regional BD continues its recruiting spree, adding to the more than 400 advisors it’s already hired in the past year.

The regional BD's three hires come from Wells Fargo and Ameriprise.

The firms may or may not be vying against one another, but their advisor forces are moving in different directions.

The firm promoted two insiders: David Sliney and Jim Marischen.

The firm, which has opened five new offices and acquired a firm this year, is putting another familiar face on its executive committee.

Raymond James, Janney, Ameriprise and Stifel are all racking up impressive hires from the wirehouses.

The firm's brokerage ranks increased by just one advisor year-over-year.

Already an aggressive recruiter, the firm upped its advisor head count by 115 during the recent quarter.

Stifel is expanding on the West Coast, hiring 13 recruits in California year-to-date.

The firm achieved a record 7,719 independent and employee advisors in the second quarter.

The firm will move over to Salesforce’s CRM tool starting next year as part of an effort to boost efficiency with new technology.

The firm is looking beyond aggressive recruiting efforts that have netted 73 new advisors year-to-date.

The regional broker-dealer has stepped up its expansion this year.

John and Cary Kortze opened Steward Partners' 16th branch office.

The regional firm has opened five new branches and hired at least 73 advisors year-to-date.

The recruits oversaw more than $200 million in client assets.

Five of the regional BD's new hires come from Wells Fargo.

The firm's two new hires are the latest in aggressive recruiting efforts and joined from rivals RBC and Wells Fargo.

Michael Kitces, Moderator, Partner and Director of Wealth Management, Pinnacle Advisory, Hollie Fagan, Managing Director, BlackRock, Estee Jimerson, Managing Director – Head of Asset Manager Distribution & Engagement, Envestnet, Kunal Kapoor, CFA, Chief Executive Officer, Morningstar, Inc., Natalie Wolfsen, EVP and Chief Solutions Officer, AssetMark, Inc.

Envestnet sees asset management as poised for major changes as broker-dealers move to fee-based business.