Steven Carlsen and Sathya Chey are forming a firm, Arise Private Wealth, in Rolling Hills Estates, California.
Bill Wade and Reid Berry are opening an office in Brentwood, Tennessee.
The four advisers in Salt Lake City, who operate as Williams & Townsend Wealth Management Partners, are joining the firm's employee unit.
The lack of a spotlight on individual brokers who sold GPB may be passing, as at least one former adviser, Jeffrey Dixson, has a BrokerCheck profile that is studded with investor complaints involving sales of GPB private placements.
The six-adviser group led by Larry Boggs is forming Boggs & Co. Wealth Management in Cumberland, Maryland.
Revenues have dropped sharply, by as much as 40%, at the broker-dealer over the past seven years as the industry moved away from commissions on alternative investments to recurring revenue from managed money products.
The sum, received by The Leaders Group Inc., appears to be in the middle range of government loans received by privately held broker-dealers who obtained Covid-19 business relief.
The Ann Arbor, Mich.-based independent broker-dealer, which has close to 600 reps and advisers, reported $124.3 million in total revenue in 2019.
Alicia Curtis and Jyl Barnard of Curtis Barnard Financial Services and Chris Dearing of Riverfront Financial share an office in Peoria, Illinois.
The six-adviser team, Puzzle Wealth Solutions, is affiliating with LPL Financial through OSJ Gladstone Wealth Partners.
CUNA Brokerage Services agreed to become a clearing and custody client at LPL. The firm has $36 billion in assets and close to 550 advisers who work at credit unions.
Bobby Conville Jr. and Earl Smith are joining the firm's employee unit in Ruston, Louisiana.
It's not clear what LPL thinks about Good Life Cos.' move and whether it has fully signed off on the firm adding Raymond James as a broker-dealer choice for its advisers.
John Gill and Bryan Horner will join the firm's employee unit in Virginia Beach, Virginia.
The four-adviser group in Atlanta will open an office for OSJ Bleakley Financial Group.
Mike Fuller and Rob Barber in Arroyo Grande, California, are leaving Raymond James and affiliating with LPL through OSJ Perennial Financial Services.
The broker David A. Rockwell defrauded a bank when he applied for lines of credit in the names of two clients
SmartAsset, with a reach of more than 100 million consumers, matches qualified investors who are searching for financial advice.
The trio of advisers operates as Compass Wealth Solutions and is based in Portland, Indiana.
James Couture was discharged by LPL in June 2020 and barred by Finra last October.
