The four advisors are joining Pinnacle Financial Partners, which is affiliated with the large broker/dealer, and will serve clients in states that include Virginia, Georgia and the Carolinas.
Raymond James Financial told investors Wednesday that money in its fee-based wealth management accounts rose to a record $483.1 billion in August.
While some firms slowed growth during the pandemic, RBC's head of recruitment, Kristen Kimmell, landed billions in assets with a net gain in advisors this year that topped rivals.
Since March, Concurrent has recruited eight teams of advisors, giving it now more than $8.3 billion in assets under management.
The sixth annual awards ceremony featured 72 awards presented to 61 companies.
The trio of advisors and additional staff will join the firm's employee advisor channel from UBS and will be headquartered in Kansas City.
The pandemic hit the brokerage’s fiscal third quarter revenues and put a damper on home-office visits by prospective advisors.
The all-women team has about $280 million in managed assets.
This year, J.D. Power measured advisor satisfaction at both the employee and independent firms.
