Wirehouse advisors

The regional BD picked off teams from Merrill Lynch, UBS and Raymond James in a (mostly) September sweep.

The multigenerational group includes a grandfather, father and son.

The company is turning to what it sees as a talent pool with proven success rates.

Charlie Scharf’s insensitive and factually incorrect remark perpetuates a damaging trope, financial advisor Lazetta Braxton writes.

The seven advisors managed more than $450 million in combined client assets.

The free lunches are over. Sort of.

This follows another August acquisition — an ex-UBS team that managed $1 billion in assets.

The slate of new hires come from several competitors including Wells Fargo and Edward Jones.

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.