Also, Raymond James expands its financial institutions arm in the Kansas City area while Baird has elevated two seasoned veterans into key director roles.
LPL Financial is missing a potential multi-million dollar penalty.
Meanwhile, Janney lands a billion-dollar team from Merrill in Delaware, and two longtime Edelman advisors hopped to Prime Capital Financial in the Northeast.
It's the era when artificial intelligence software is replacing back office jobs.
Wells Fargo has also extended its reach in Alabama with another UBS defection, while Cetera welcomes a breakaway advisor from the wirehouse.
Against the backdrop of a successful recruiting effort last year, Kestra has been revamping its lineup of recruiters.
Also, Raymond James onboards another Commonwealth team in Wisconsin, while an experienced duo from Ameriprise hops to LPL.
Robinhood is bundling tax, estate planning and CFP support through third-party providers Vanilla and Taxfyle. "It’s a great strategic offering to start to change the mindset of Robinhood being a no service and cheap free platform," said one financial advisor.
Financial advisors, however, are sitting pretty in the AI maelstrom.
Osaic has also gained ground in St. Louis with a veteran pair from Stifel, while the Hightower-aligned Bahnsen Group gets a foothold in Silicon Valley.
Leaders at Prudential Advisors break down how wiring AI into every stage of its leads program is supporting more robust client conversations.
Ashton Thomas has also expanded its ranks with an experienced duo from Raymond James, while a Commonwealth advisor ends his two decade-plus affiliation by joining Cetera.
Keeton steps into CIO role at Prospera as IAA elevates leaders to advance advisor experience and platform strategy
Meanwhile, Osaic has added another former LPL practice on the East Coast, and Carson helps a veteran advisor from Osaic make a succession-focused transition.
One team has transitioned from LPL to Osaic, while another has taken the opposite route.
The Osaic network firms announce key expansions in the West and Midwestern US, with CWA's $849 million acquisition giving it additional footholds in Utah and Arizona.
The financial advice industry's curiosity regarding LPL's success in keeping Commonwealth advisors is feverish.
It’s tough for small firms like Ashford Securities to compete in the REIT marketplace.
Also, Osaic expands in New York as a seasoned advisor joins one of its affiliates, and Wells Fargo hails a $1.3 billion recruitment haul within its FiNet advisor channel.
The New York-based startup’s platform will plug into Osaic’s national network as firms lean harder on data and automation to tackle the organic growth squeeze
