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New Jersey Financial News
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Bank Midwest Picked Raymond James. The Bigger Story Is Local Wealth Distribution
Wealth Management Charles Cooke 7/20/26 Wealth Management Charles Cooke 7/20/26

Bank Midwest Picked Raymond James. The Bigger Story Is Local Wealth Distribution

Raymond James added Bank Midwest’s $692M wealth program, showing how bank-based advisor channels are competing for local trust and platform scale.


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The Bull Market For Advice Is Really A Bull Market For Clarity
Wealth Management Charles Cooke 7/16/26 Wealth Management Charles Cooke 7/16/26

The Bull Market For Advice Is Really A Bull Market For Clarity

Fidelity’s Marc Squires says advisor demand remains strong as complexity, philanthropy, alternatives and client uncertainty shape 2026.


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Dempsey Lord Smith Left Broker-Dealer Operations Behind. Here’s Why That Matters
Wealth Management Charles Cooke 7/13/26 Wealth Management Charles Cooke 7/13/26

Dempsey Lord Smith Left Broker-Dealer Operations Behind. Here’s Why That Matters

Cambridge’s Dempsey Lord Smith Deal Shows Why Smaller Broker-Dealers Are Rethinking Scale

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Osaic Finished Journey To One. ConnectED 2025 Showed What Comes Next
Wealth Management Charles Cooke 7/7/26 Wealth Management Charles Cooke 7/7/26

Osaic Finished Journey To One. ConnectED 2025 Showed What Comes Next

Osaic ConnectED 2025 showed how the firm is moving from integration to growth, with AI, scale, advisor engagement and platform flexibility in focus.

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Janney Taps Kathy Capuano As Advisor Recruiting Becomes A Bigger Growth Weapon
Wealth Management Charles Cooke 7/7/26 Wealth Management Charles Cooke 7/7/26

Janney Taps Kathy Capuano As Advisor Recruiting Becomes A Bigger Growth Weapon

Janney named Kathy Capuano to lead advisor recruiting and market growth as the firm pushes for experienced-advisor hires and market expansion.

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Advisor Recruiting Is No Longer One Battle. These Four Moves Show Why
Wealth Management Charles Cooke 7/6/26 Wealth Management Charles Cooke 7/6/26

Advisor Recruiting Is No Longer One Battle. These Four Moves Show Why

Stifel’s sale of Stifel Independent Advisors to Equitable shows how wealth firms are choosing between employee-advisor scale and independent-channel growth.

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Raymond James Posts Record Earnings As Advisor Growth Becomes The Main Engine
Wealth Management Charles Cooke 7/3/26 Wealth Management Charles Cooke 7/3/26

Raymond James Posts Record Earnings As Advisor Growth Becomes The Main Engine

Raymond James reported record fiscal Q4 and full-year results, helped by advisor growth, fee-based assets and capital markets momentum.

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Edward Jones Tops Investor Satisfaction, But Fintechs Are Winning A Different Trust Race
Wealth Management Charles Cooke 7/1/26 Wealth Management Charles Cooke 7/1/26

Edward Jones Tops Investor Satisfaction, But Fintechs Are Winning A Different Trust Race

Edward Jones ranked highest among advised investors, but JD Power found fintechs gaining trust with younger DIY investors.

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Edward Jones Advisor Exits Are Rising. The Veteran Shift Is The Real Story
Wealth Management Charles Cooke 7/1/26 Wealth Management Charles Cooke 7/1/26

Edward Jones Advisor Exits Are Rising. The Veteran Shift Is The Real Story

Edward Jones advisor exits rose in 2025 as veteran brokers drove more departures, raising questions about retention, book ownership and platform change.

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Edward Jones Finally Gets Its Bank. Now The Real Test Begins
Wealth Management Charles Cooke 6/29/26 Wealth Management Charles Cooke 6/29/26

Edward Jones Finally Gets Its Bank. Now The Real Test Begins

Edward Jones won FDIC approval for an in-house bank, advancing its lending, deposits and cash strategy after years of false starts.

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EdwarJones d Is Outsourcing Support To India. The Bigger Question Is Advisor Service
Wealth Management Charles Cooke 6/26/26 Wealth Management Charles Cooke 6/26/26

EdwarJones d Is Outsourcing Support To India. The Bigger Question Is Advisor Service

Edward Jones confirmed India-based contractor support as home-office staff declined, raising questions about scale, service and advisor support.

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Prudential’s AI Lead Strategy Shows Why Prospecting Is No Longer A Numbers Game
Wealth Management Charles Cooke 6/22/26 Wealth Management Charles Cooke 6/22/26

Prudential’s AI Lead Strategy Shows Why Prospecting Is No Longer A Numbers Game

Prudential Advisors is using AI to enrich, score and route leads, showing how prospecting is shifting from raw volume to better timing.

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Stifel’s CEO Says AI Can Help Advisors, But Judgment Still Belongs To Humans
Wealth Management Charles Cooke 6/17/26 Wealth Management Charles Cooke 6/17/26

Stifel’s CEO Says AI Can Help Advisors, But Judgment Still Belongs To Humans

Stifel CEO Ron Kruszewski says AI can improve advisor productivity, but client advice still needs human judgment.

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Raymond James’ ETF Hire Shows Active Funds Are Becoming A Platform Priority
Wealth Management Charles Cooke 6/11/26 Wealth Management Charles Cooke 6/11/26

Raymond James’ ETF Hire Shows Active Funds Are Becoming A Platform Priority

Raymond James Investment Management hired Kristi Higgins to help scale its active ETF platform as demand for active ETFs grows.

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Raymond James Expands AI, But Its CEO Says Advisors Still Win On Trust
Wealth Management Charles Cooke 6/11/26 Wealth Management Charles Cooke 6/11/26

Raymond James Expands AI, But Its CEO Says Advisors Still Win On Trust

Raymond James is expanding Rai access, but CEO Paul Shoukry says advisor-client relationships still matter more than any AI bot.

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The Advisor Transition Problem Broker-Dealers Still Have Not Solved
Wealth Management Charles Cooke 6/4/26 Wealth Management Charles Cooke 6/4/26

The Advisor Transition Problem Broker-Dealers Still Have Not Solved

Broker-dealers have pushed transition planning for years, but advisor aging, client continuity and succession risk now make it urgent.

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Osaic Says Advisors Are Adopting AI Faster Than Expected
Wealth Management Charles Cooke 5/28/26 Wealth Management Charles Cooke 5/28/26

Osaic Says Advisors Are Adopting AI Faster Than Expected

Osaic CEO Jamie Price says advisors have quickly adopted Jump and Zocks AI tools as wealth firms race to improve advisor workflows.

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Cetera, LPL And Prime Capital Add Advisor Teams Across Several Markets
Wealth Management Charles Cooke 5/25/26 Wealth Management Charles Cooke 5/25/26

Cetera, LPL And Prime Capital Add Advisor Teams Across Several Markets

Cetera, LPL and Prime Capital added advisor talent from Osaic, Nations Financial Group and other major firms as recruiting continues.

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