Diana Britton

Summit Growth Partners will be a sort of velvet rope model, providing advisors with access to Summit’s services at a discount and upfront capital in exchange for a minority equity stake.

Paul Lofties, who had been with Securities America since 2003, left the firm in December, and plans to join an advisor coaching and consulting firm.

Advisors Michael Brown and Brian Flynn have left Magnus and teamed up with practice management coach Penny Phillips to create Journey Strategic Wealth, a new spin on the aggregator model.

Commonwealth’s new Business Consulting Services will provide dedicated transition support for advisors leaving the wirehouses to go independent.

The Salvino family has launched Performance Wealth, a registered investment advisor with $2.2 billion in client assets.

Wells Fargo's advisor head count was down 6% year over year, while average advisor productivity crossed $1 million.

Women and people of color are still grossly underrepresented in the advisory industry compared with the broader population, according to new Cerulli Associates data.