You have one chance to show clients why you started your own firm, and most importantly, how they will be better off.
The $104 billion Chicago-based aggregator is going after a Seattle adviser for taking clients with him when he left a year ago.
The monthly sessions over the course of a year are designed to help the firm's next-gen advisers build their businesses.
Advisers' nominal payout is far from a full representation of the economics related to the relationship they have with their firms and clients.
The six-adviser team in St. Louis, Planify Group, is affiliating through super OSJ Cornerstone Wealth Management.
Although wirehouses are shrinking, the study finds their reps have an average AUM of $198 million, versus an average of $88.1 million industrywide.
LPL saw growth in assets from three sources last year: its recruiting of financial advisers, in-house growth and its acquisition of the wealth management business of Waddell & Reed.
The Louisville, Kentucky-based team is joining the firm’s employee channel.
For the 12 months ending in December, the firm reported net new asset growth of 11%, matching the growth seen by rival Morgan Stanley.
Pat Clifford and Tyler Lewis are opening their own firm in Texas and affiliating with LPL via Strategic Wealth Services.
Hefren-Tillotson will add 90 financial advisers working out of six Pittsburgh-area offices to the more than 1,300 advisers in Baird's private wealth management business.
Andy Walker and Christen Covey open their own firm, Walker Covey Wealth Advisors, in Orem.
According to CFRA data, through the end of last year, active ETFs made up 4% of all ETF assets, and represented 10% of ETF net inflows in the past year.
The three advisers, who will operate as The HarborView Group in St. Petersburg, previously were affiliated with Morgan Stanley.
A JPMorgan Bank rep who advises on $200 million also moves to Atlanta-based Arkadios Capital.
John and Jennifer Tarantino affiliate with LPL Financial in Florham Park, New Jersey.
The Addepar platform tracks how investment portfolios perform across asset classes by aggregating data from client portfolios and overall market performance.
Hugh Lau is leaving D.A. Davidson to start his own firm in Lincoln, Nebraska.
The former Fidelity executive will develop strategies for advisers serving high-net-worth clients.
McLaughlin Asset Management, which is based in Haddonfield, N.J., is affiliating through OSJ Gladstone Wealth Partners.
