Patrick Donachie

The move from the trio of advisors in Ocala, Fla. comes several months after a $450 million team made a similar jump from the wirehouse to Raymond James.

The moves mark the latest examples of consolidation at the RIA aggregator; earlier this year, the firm merged The Colony Group with Buckingham Strategic Wealth.

Brian Nagle's move to Citizens follows that of a San Francisco-based team with $5 billion in managed assets in April.

Adam and Eleanor Weinstock are joining SLK Private Wealth. The move comes two years after a group of Wells Fargo employees left the wirehouse to form the firm.

Portsmouth Financial Services will continue to do business under its original name, with Chairman Ray Lent and CEO Echo Chien also remaining onboard.

FSI Wealth Management, a San Diego, Calif.-based team with $215 million in assets, is joining LPL from Securities America, in the wake of Osaic's integration and rebranding efforts.

The American Council of Life Insurers, the Insured Retirement Institute and Finseca are among the plaintiffs in the newest suit against the Labor Department’s rule. This is the second suit filed against the rule in...

As RIAs continue to consolidate, the industry will soon see a $1 trillion AUM firm emerge, Clark predicted at Schwab’s Institutional Investor Day.