The family-based team is joining the firm's employee unit and opening an office in West Fort Worth, Texas.
The Glen Allen, Virginia-based firm was founded in 2015 and operates as Capstone Financial Partners.
The largest independent brokerage was firing on all fronts for the three months that ended in June, including recruiting advisers, bringing in net new assets and completing previously announced deals to purchase advisers.
The company's success in 2021 in recruiting advisers comes at a delicate time as the financial advice industry tries to figure out the best way to return to the office amid the Covid-19 pandemic.
Nashville, Tennessee-based GenXFinancial is acquiring Boston Partners Financial Group to form a $9 billion firm.
Kyle Smith and Michael Sandlin are leaving Truist Investment Services in Raleigh, North Carolina.
Members of the partnership, which is affiliated with Raymond James, will be able to tap capital from Merchant Investment Management.
The seed round also featured other prominent participants like founder of Barstool Sports Dave Portnoy and New Enterprise Associates managing general partner Tony Florence.
New report shows financial adviser conference attendees are less impressed with sponsor status than they are with solid content from those sponsors.
Three advisers who operate as West End Advisory in St. Louis make the move.
The mention of GPB auditors in a court filing highlights earlier allegations of executives using clients' money for their own personal benefit. Focused on independent broker-dealers, GPB was a leading seller of high-risk private placements in the past decade.
Four reps from Merrill Lynch join Janney, along with six advisers in two groups from Wells Fargo.
For the increasingly fee-based advisers at independent broker-dealers, the transition to the RIA model is likely to pick up speed in the years to come.
Gregg Johnson, the firm's executive vice president of recruiting and revenue acquisition, has been replaced by Kristen Kimmell from RBC Wealth Management.
Orlando Garcia and Miguel Viyella join the firm's employee unit in Coral Gables, Florida.
Four-adviser Pacstar Financial Group is based in Honolulu and has three other offices in Hawaii.
Joseph Myer has formed Veritas Capital Management in Ashburn, Virginia, and is affiliating with LPL through Gladstone Wealth.
The SEC alleges the firm failed to safeguard clients from Hector May, who pleaded guilty to stealing $8 million from clients and was sentenced to 13 years in prison.
Eight Kansas reps will affiliate with the independent unit of Raymond James through Beyond Wealth Advisors.
Finra also censured the firm in connection with privacy breaches that occurred during transfers of new clients.
