The newest additions to the firm's employee advisor arm will operate its inaugural location in the Big Apple.
“With Alex David leaving Stifel, what does that say about the independent brokerage business there,” asks one brokerage executive.
The 44-year veteran joining the firm's employee advisor channel joins after managing $112M at the wirehouse.
The brokerage giant is enlarging its network of affiliations yet again with the veteran-led practice coming in from Osaic.
The experienced financial advisor is breaking away in Jacksonville after managing $210M at the wirehouse.
The broker-dealer giant's new 43,000-square foot home office in Tempe will serve as a base to support even more advisors.
The trio of professionals joining Raymond James Financial Services in the mountain state come with experience from LPL and Zion Bank.
The pair formerly with Truist Financial, including one best-in-state awardee, are expanding LPL's footprint in Florida as they seek more flexibility and control for their practice.
The latest hires catering to business owners and family offices are joining its independent employee division, Raymond James Advisor Select, in Mississipi.
“It made the most sense for us to make this decision,” says Merit's president Kay Lynn Mayhue.
The veteran with nearly three decades of experience will lead the Arizona-based firm's newly established family office division.
The five-advisor group based in Santa Rosa, California operates a full-service ensemble practice with tax, retirement, estate planning, and other high-net-worth services.
The Long Island-based team joining LPL Private Wealth bring over 40 years of collective experience catering to a diverse clientele, with a focus on the Brooklyn area.
Latest splits from broker-dealers a sign that perhaps more executives and advisors from these giant branches want to enjoy the fruits of the private equity funds flooding the industry.
The broker-dealer's latest addition, an outdoors-focused planning practice, previously managed $225M in advisory, brokerage, and retirement plan assets.
“You can’t put any language in an agreement that would prevent a client from reporting a broker-dealer’s actions," says one attorney.
With nearly 25 years of experience, the employee-owned firm's latest hire in Fairfax reportedly managed over $293M in assets.
"These types of brokers and executives are the scourge of the industry," said one plaintiff's attorney.
The definitive agreement to acquire The Investment Center, based in New Jersey, will add 240 financial advisors into LPL's network.
The veteran closer and leader is expected to drive further growth as he brings a record of dealmaking success from Focus and Goldman Sachs.
