Advisors on the move: 71 of biggest, most recent jumps
It’s been a busy couple of months for RIA breakaways and regional BDs.
More than 70 teams and solo producers have made career changes since July 1, according to company announcements.
Dynasty Financial Partners was among the biggest beneficiaries of wirehouse talent looking for greener pastures. The firm, which services breakaway advisors, helped two big Merrill Lynch teams go independent. Each team previously managed $1 billion or more in client assets, according to the advisors.
Regional brokerages have been on an aggressive recruiting tear lately. Stifel picked up a slew of advisors, many from Wells Fargo. Raymond James, where advisor head count recently hit a record high of 7,719, also added a number of new advisors to its independent and employee channels. The new hires included Raymond James’ biggest hire of the year so far: a former Wells Fargo team that oversaw $1 billion.
To see these and other hires, career moves and executive appoints, scroll down.
To see our last roundup of hires, click here.