Les Smith, who once played alongside future MLB stars Eugenio Suárez and Nick Castellanos, says lessons from professional baseball helped fuel his transition to independent wealth management after 11 years at Edward Jones.
Industry report shows that there are now fewer firms as consolidation intensifies.
Kristen Kimmell is leaving the company.
Meanwhile, Raymond James' employee arm adds a defector from D.A. Davidson, and South Carolina-based RIA Ballast Rock Private Wealth recruits a new advisor.
The largest move was the latest firm switch for a Commonwealth Financial Network team.
Meanwhile, Raymond James' employee arm welcomes a $550 million advisor from JP Morgan, and LPL attracts another advisor trio from D.A. Davidson.
Prometheum's Aaron Kaplan on why clearing ETH inside a US brokerage account changes the conversation and what still needs to happen before adoption scales.
Two firms land teams managing more than $1.1 billion in combined assets from Kestra and Edward Jones.
Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.
Meanwhile, Cetera has drawn advisors managing around $390 million from LPL and Commonwealth, while Raymond James' financial institutions division announces its own LPL hire in Indiana.
Firms continue their quest to attract and retain the best advisor teams.
Meanwhile, Raymond James snags Edward Jones advisor in Arizona.
Meanwhile, LPL attracted a five-advisor team managing $380 million in Kansas, while a veteran with stripes from Morgan Stanley, UBS, and Fidelity has joined Prime Capital Financial.
Osaic has also reeled in another LPL team in North Carolina, while Raymond James' FNBO program gains momentum with a $515 million duo in Kansas City, Missouri.
The writing has been on the wall for Shah’s departure since the end of last year, industry executives said.
Survey highlights widespread lack of awareness as families struggle to save for future education costs.
Also, Cetera OSJ Wilde Wealth scoops a new COO from Ashton Thomas, while Texas-based Willis Johnson Wealth names its next CEO as part of a multigenerational succession.
A federal judge will no longer require searches of advisors' personal devices in the recruiting dispute between Ameriprise and LPL Financial as the case moves to a FINRA arbitration hearing set for October.
FNBO-backed recruits and a Boca Raton succession deal highlight continued advisor movement.
A veteran-led trio from UBS has also decamped to LPL's Linsco channel, while Cetera lured another longtime Commonwealth advisor in Michigan.
