LPL Lost About 5% Of Commonwealth Advisors. That Was Only The First Scoreboard
LPL’s Commonwealth deal faced about 5% advisor attrition early, but the bigger issue is whether asset retention, culture and conversion hold.
Raymond James Bought A Structured Credit Specialist. The Wealth Angle Is Bigger Than It Looks
Raymond James took a majority stake in GreensLedge, strengthening structured credit, securitization and capital markets links to wealth clients.
LPL Bought Commonwealth. Raymond James Is Still Picking Off Advisors
Raymond James added LPL and Commonwealth advisors as LPL, Ameriprise and rivals keep fighting for platform fit, retention and advisor independence.
Ameriprise Beat LPL In One Court And Lost In Another. The Message Is Bigger Than Both
Ameriprise won one court ruling and lost another against LPL, showing how advisor recruiting now turns on client data, protocol rules and transition risk.
Northern Trust Just Changed Its Wealth CIO. The Bigger Story Is Client Complexity
Northern Trust named Eric Freedman wealth CIO as Katie Nixon moves to lead the Northeast, showing how private-client investment leadership is changing.
A Broker Recruit’s Work History Just Cost Kovack Nearly $1M
Delaware fined Kovack Advisors nearly $1M over registration, supervision and recordkeeping failures tied to a broker recruit’s work history.
WCG Hired An Emigrant Dealmaker. The Bigger Story Is Advisor Succession
Wealth Consulting Group hired Jason Ehrlich from Emigrant as CFO and corporate development chief, signaling a deeper push into M&A and advisor succession.
A Wells Fargo Duo Returned To Merrill. The Charlotte Market Explains Why
Merrill hired Ryan Culpepper and Sam Pennell from Wells Fargo in Charlotte, showing how wirehouse recruiting still depends on local markets and team continuity.
Bluerock Investors Were Getting Liquidity. The Real Question Was The Price
Bluerock’s real estate fund prepared to list on the NYSE with discount warnings, showing why investors must understand NAV, liquidity and exit price.
Wells Fargo Added Nearly $1.5B In Advisor Assets. The Real Signal Is Channel Choice
Wells Fargo added nearly $1.5B in advisor assets across its employee and FiNet channels, showing how flexibility and scale are shaping recruiting.
FINRA Is Warning Firms About AI. What About The Old Fraud Playbook?
FINRA’s 2026 report spotlights AI and cyber fraud, but GPB and GWG show why broker-dealer product supervision still needs attention.
A Private Real Estate Fund Finally Got Daily Liquidity. Investors Took A Hit
Bluerock Private Real Estate Fund fell sharply after listing on the NYSE, showing why NAV discounts, liquidity and advisor suitability matter.
LPL’s Marc Cohen Says RIA Consolidation Is About To Speed Up
LPL’s Marc Cohen expects RIA consolidation to accelerate in 2026 as private equity cycles, succession pressure and platform scale reshape M&A.
Two RIA Platforms Had Record Years. Their Growth Models Could Not Be More Different
Bluespring and Concurrent both reported record 2025 growth, but their models show two different paths for RIA acquisitions, capital and advisor support.
An Advisor Tried To Sue FINRA To Clean His Record. The Court Said No
A federal court dismissed an advisor’s direct lawsuit against FINRA, reinforcing limits on BrokerCheck expungement and advisor reputation control.
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.
Guided Financial Strategies Left LPL For Cetera. The Real Story Is Growth
Cetera’s Guided Financial Strategies Win Shows Why Mid-Sized LPL Teams Are Still Moving
Osaic-Owned Firm Must Repay Millions. The Real Story Is Client Cash
FINRA ordered Osaic-owned American Portfolios to repay customers over cash sweep fee and interest disclosures, keeping client cash scrutiny alive.
Raymond James Picked A New Investment President. The ETF Push Explains Why
Raymond James Investment Management named Jeff Ringdahl president as the firm builds its multi-boutique platform and active ETF strategy.
Savvy Hit 100 Advisors. The Real Story Is Commonwealth Recruiting Pressure
Savvy reached 100 advisors after adding three Commonwealth teams, showing how tech-forward RIAs are competing for advisors after LPL’s deal.