Watch breaking news videos and read news updates about Recruiting on investmentnews.com
ING/Voya boosts female adviser head count past industry average
The firm has boosted female adviser head count past industry average over the past eight years through successful networking and mentoring programs.
Morgan Stanley dodges $15 million raiding claim
Charles Scwab's $15 million arbitration claim against Morgan Stanley for hiring brokers from its San Francisco office was rejected.
BofA settlement comes back to bite homeowners
On today's Breakfast with Benjamin menu: BofA settlement bites homeowners. Plus: Warren Buffett feels compliance pain; a mortgage shop tries financial advice; fewer stocks participating in the bull market run; and stocks that could benefit from the ALS ice-bucket challenge.
Wells Fargo binges on Morgan Stanley recruits
Since June, the firm has snatched nearly $1.4 billion in assets from rival wirehouse, according to moves tracked by InvestmentNews.
NFP scores big with Financial Telesis recruits who forgo signing on with LPL
NFP Advisor Services chief James Poer says firm is adding 53 advisers and roughly $30 million in revenue, mostly from Financial Telesis.
United Capital adds RBC vet, seeks organic growth
New efforts pave the way for the firm to enter more major cities and double revenue, says founder Joe Duran.
$450 million hybrid RIA network launches with LPL
Financial Advocacy Network, a collective of 13 advisers with $450 million in assets, is hoping to grow to $1 billion in five years
LPL's chief market strategist resigns
The indie B-D behemoth is facing more turnover at the top, this time among its team of investment management professionals.
Larry Roth: Defining the next 10 years for independent broker-dealers
Larry Roth, CEO of Cetera Financial Group, warns against consolidation at the expense of client and adviser relationships.
HighTower picks up Merrill advisers with $800 million
HighTower has added the 44th team to its partnership as it continues to boost recruiting following the announcement it received a $100 million line of credit in July. After last month, the firm said Monday it had picked up three former Merrill Lynch advisers who previously managed some $800 million
Brokers' own accounts tip off firms to a move
Brokers who make large drawdowns from their investment accounts may be showing their hand before breaking away.
Wall Street firms band together to support a headhunter's cause
By definition, being a headhunter puts me in an adversarial relationship with some firms (working against them), while at the same time puts me in an alliance with others (placing advisors with them). But even in the cutthroat culture of adviser recruitment, there are times when we realize there ...
Inherited books of business come with a catch
Firms use succession agreements to keep brokers from taking their assets with them when they jump ship.
HighTower adds $400 million RIA to partnership
Firm adds 43rd team to its partnership as it begins deploying funds from a $100M loan to boost recruiting. See IN's Advisers on the Move for other big deals.
HighTower nabs top FiNet recruiter
Firm signs Kimberly Hollenbeck to help recruit on the West coast; fills position left open by Kevin Geary.