Wirehouse advisors

The new recruits include a 34-year industry veteran.

The new information sheds light on how an industry leader is grappling with one of the profession’s most pressing issues.

The new additions oversaw more than $275 million at their former employers.

Do RIAs still have a clear advantage when it comes to modern planning software?

“I wanted to be able to walk in the door and only be able to answer to one constituency: my clients,” advisor Andy Ferguson says.

The initiative is intended to help advisors manage increasingly large and complex teams.

Amid coronavirus-imposed lockdowns, the firm will retool and retrain approximately 3,000 young advisors.

The wirehouse added a pair of veteran advisors from its rival after picking up several new hires in recent weeks.

Three of the quartet join the South Dakota office, while the fourth is in Washington state.

To thwart a multifactor verification system, he once used a victim’s home phone to authorize transactions.

The group had been at their previous firm for 14 years.

One recruit left an IBD to join the wirehouse.

After logging 27 years at the firm, the advisor is starting his “next 25-year chapter” as an independent.

The wirehouse added more than a dozen advisors in the last month managing more than $1 billion in client assets.

Independent advisors may enjoy freedom of choice when it comes to all things digital, but giant institutions have a leg up with integration.

The new additions include an advisor with five decades of experience in the business, plus his two sons.

The 18-month project is part of the $3 billion that Bank of America allocates annually to new technology initiatives.

One team is among the top producers in their region, and the other spent more than two years assessing potential employers.

The moves also indicate advisors are more willing to make a career change following a recruiting slowdown due to the coronavirus.

The team is staffing a new office in California for the boutique wealth manager.