By Andrew Shilling
An independent financial advisory firm with more than $108 million in client assets has joined Commonwealth Financial Network, the firm said.
James F. King, Jr., and his team at the Manalapan, N.J.-based King Financial Network made the move to the privately held independent broker/dealer, Commonwealth Financial said.
UBS is increasing its recruiting efforts, offering top advisors deals of up to 550% of annual revenue while targeting experienced private bankers.
Advisors at some of the largest firms in the country are leaving, and not in a trickle. In 2024 alone, more than 9,600 experienced advisors changed firms, according to industry data from Diamond Consultants.
June 12, 2026Louis Diamond QuotedBy Andrew Cohen Median compensation for financial planners reached $195,000 in 2025, marking a 15% year-over-year
