FA-Mag.com – Rockefeller Capital Management today announced the addition of three advisors teams, including the Jones Connolly Pollock Group, an 11-member team in Winter Park, Fla., that was formerly with Merrill Lynch.
By Mason Braswell, AdvisorHub – In a wave of departures before the President’s Day weekend, three Merrill Lynch teams that had generated over $15 million in revenue combined joined Rockefeller Capital Management’s private wealth division on Friday, according to a well-placed source.
Independence answered this pair’s requirement to gain freedom, control and ownership over their business with the benefit of a turnkey start-up and support—allowing them to focus on serving their high net worth clients, including professional athletes and coaches.
By AdvisorHub Staff, AdvisorHub – Indianapolis-based independent broker-dealer Sanctuary Wealth has added its first team in Wisconsin with the hire of a Merrill Lynch team that had managed around $400 million in assets.
By Barbra Herman, InvestmentNews – When considering a move, it’s critical to strike the right balance between satisfying specific, objective criteria for immediate needs while taking a wider perspective of longer-term goals and shared values.
By Jake Martin, AdvisorHub – Ivan Hendricks, a solo producer from Monroe, Louisiana, managing $280 million left Merrill Lynch for LPL Financial Strategic Wealth Services (SWS).
By Barbra Herman, InvestmentNews – Financial advisors may spend months, even years, performing the due diligence that leads them to their next best opportunity. Yet still, they often overlook some of the finer points that allow for a better post-move experience. Here are 8 tips to help advisors enjoy a less stressful experience during and after a move.
By Barbara Herman, InvestmentNews – With so much movement by top advisors, even diehard Merrill folks, who have been the industry’s most loyal over the years, are asking: “Why are so many people moving and what am I missing by staying?”
Barbara Herman Quoted – By Diana Britton, WealthManagement.com – While LPL Financial has custodied assets for registered investment advisors since 2008, it was largely to support the fledgling hybrid advisory business of its registered reps. But as it has across the industry, that advisory business has grown fast.
By Barbara Herman, ThinkAdvisor.com – The desire for greater control and flexibility has become the single most powerful driver of advisor movement and change. This concept of “wanting greater agency over their business lives” cuts across all business models and has never been more prevalent.
