Details have emerged about the broker/dealer network’s retention packages, which include five-year lockups for advisors with over $600,000 in production—and nothing for sub-$250,000 producers.
Riskalyze CEO Aaron Klein gives the thumbs-up or thumbs-down on the biggest news to hit advisor technology in the previous month.
The private equity firm has hired Raymond James to advise, according to published reports.
Called eQuipt FP, the financial planning system includes features that could compete with startup AdvicePay.
The practices, with a combined $245 million in client assets, chose to join Securities America rather than transition to Woodbury following a recruiting deal with their b/d’s parent company.
The deal, announced Thursday, comes with a promise the firm's management team will remain intact and advisors will be incentivized to stay.
HighTower has snagged Private Advisor Group’s Abby Salameh as its new chief marketing officer, among other folks.
The three teams have a combined $250 million in client assets, the firm announced at its W Forum conference this week.