Search results for Independent Bds

An industry maverick's latest plan to draw advisors from the giants

Bill Hamm's Independent Financial Partners took a rare step in 2019 when the firm left LPL to launch its own brokerage. Now it's offering an interesting recruiting pitch to financi...

$3B Former Wells Fargo FiNet Team Launches Own RIA

The 22-person Jacksonville, Fla., team, led by four partners, will use First Clearing for custody and TradePMR for middle-office support.

$836M Ameriprise Team Launches Midwest RIA

The Bedford Group will use Private Client Services for brokerage and Schwab for custody, according to flings.

$42B Lido Adds Broker/Dealer as it Keeps Scaling

Lido Advisors launched a broker/dealer option as it continues to recruit advisors, though it will remain focused on being a fee-only RIA, according to a regulatory filing and execu...

The Diamond Podcast for Financial Advisors: A $2B UBS Breakaway Story

Family Office Partners' Ben Domingue details his move from UBS PWM to independence, why control became essential and how building his own firm reshaped how he serves entrepreneuria...

The Diamond Podcast for Financial Advisors: Ex-Edward Jones Advisor on Building Beyond $1B

Ricky Smith of Inspired Wealth Planning talks about leaving Edward Jones after 30 years, evaluating 12 firms and building an independent business that grew to $1.25B in assets unde...

Wells Fargo's indie channel pulls $2.1B team from UBS

Touchstone Wealth Partners is the fourth team with more than $1 billion in client assets to join Wells Fargo's FiNet unit this year.

Altruist to Launch Beta of New RIA Affiliation Option

Altruist Advisors, which will launch broadly in the fall, will provide the compliance, custody and operational infrastructure needed to build an independent practice.

RIA Breakaway OpenArc on Track for $15B in Wealth Assets by Year End

The Merrill Lynch breakaway could be back to where it started on the wealth side while laying the groundwork to regain its institutional business, according to one of its founders.

Post-Integration and Reverence Recap, Osaic Targets Organic Growth

After completing its eight-firm consolidation, the independent broker/dealer reports improved retention and recruiting as it moves past integration challenges.

BDCs' Path Hinges On This

$850M Ameriprise Team Leaves to Launch RIA With Integrated Partners

City Square Wealth Management’s six-advisor team has joined Integrated Partners with an office in Charleston, Mass.

$10B Bank Team Advisors Break Out to Form RIA Prairie View

Prairie View Wealth Advisors has launched in South Dakota with three veteran bank advisors, a tax-forward wealth focus and custody partner Raymond James.

Former Wells FiNet Advisor Team Departs to Launch $600M Firm

John Toman said he chose to break away from FiNet with custodian Fidelity to gain greater control over the client experience and technology moves, including AI implementation.

The Rise of the Multi-Channel Firm: Why “Either/Or” is a Thing of the Past

What was once a binary path of change is being replaced by greater optionality—without ever switching firms.

Tanglewood Total Wealth Management: Doubling Down on Internal Ownership

The firm has expanded ownership internally to six shareholders while maintaining its fee-only independence and client-first approach across multiple generations.

RIA Channel Saw Greatest Advisor Gains in 2025

Over 39,000 advisors changed firms in 2025, close to a decade high, with RIA and IBD channels seeing the strongest net gains, according to tracking by ISS MI.

$500M Pointes North Moves to Osaic’s W-2 Channel

Innovative Financial Group, an OSJ acquired by Osaic last year, supported the team’s transition.

RIA Edge Podcast: Building ‘Summit 2.0’ with Randy Morris

Summit Wealth Group’s Randy Morris details what drove the firm’s leaders to leave a 20-year tenure as a hybrid affiliate of an independent broker/dealer to launch as a fully indepe...

With no ownership prospects, bank advisors leave to form RIA

Adam Cox led the wealth management division of a regional bank for 10 years. His lack of an ownership stake in the business he'd spent so much time building eventually drove him to...

Independents aren’t on an island: FirstTeam, Brown Harris Stevens bet on collaboration

FirstTeam and Brown Harris Stevens launched a multi-year marketing partnership to expand cross marketing, referrals and listing exposure.

The Brokerage Is the Coordinator. It Just Does Not Have the Infrastructure for It.

In my previous article, I wrote about the data fragmentation problem inside independent brokerages....

$300M Gevers Wealth Goes Independent After Client Needs Grew in Complexity

Willy Gevers and partners, including son Trey, decided to break from broker/dealer Cetera after nearly doubling in growth at their Seattle area firm.

The Brokerage Is the Coordinator. It Just Does Not Have the Infrastructure for It. (Michael Walliser)

In my previous article, I wrote about the data fragmentation problem inside independent brokerages....