Naratil, a 39-year veteran of UBS, last fall stepped down from his senior roles at the wirehouse.
Meanwhile, Cetera is offering tailored retention bonuses to Securian advisors who manage offices.
IPOs may still be a road to riches for giant aggregators, but critics say hurdles remain.
The egregious case of Jamie Worden and the continuing issue of unpaid arbitration awards.
Large firms like Schwab typically occupy huge offices in prime, and expensive, downtown locations in large cities across the country.
It's not clear what type of employees were laid off, but one industry executive says big firms are rethinking the hiring of administrative assistants.
The Miami Beach, Florida-based advisor, Chuck Roberts, is a 33-year industry veteran and has worked at Stifel since 2016.
Along with net interest income, the bank’s total client assets also grew.
Arizona-based Arque Capital Ltd. sold bonds issued by bankrupt GWG Holdings Inc.
A year after the firm's decision to give advisors more flexibility, 700 Edward Jones financial advisors, or more than 3%, now work in combined offices.