After a period of decline, the regional brokerage industry is scoring recruiting gains at the expense of wirehouses.
The independent B-D's owner, Stone Point Capital, has tapped Goldman Sachs to lead the deal.
Marc Cohen, formerly COO at the business and compliance consulting firm, joins the IBD in a business development role.
But lowest-producing advisers face a pinch in pay.
Just 16% of advisers surveyed see the withdrawals from the broker protocol slowing adviser moves.
The married couple, Caroline Novak and Igor Lotsvin, run Sage Rhino Capital, an RIA.
The broker recommended that a customer open an account away from Securities America.
Steven Pagartanis solicited elderly victims to invest in real estate, a Canadian company and an international hotel conglomerate.
World Equity has close to 180 brokers and nearly $40 million in annual revenue.
The firm's shift in policy this week puts spotlight on the fight over who controls the client.
