- Various executive appointments and past employment details were reported for companies including Cetera Financial Group, Wealth.com, LPL Financial, and Morgan Stanley.
- LPL Financial is acquiring Commonwealth advisors while facing competition from Osaic and recruitment efforts from Raymond James.
Midwest Financial Group and &Partners moved former Commonwealth advisors to Osaic and other firms.
1 report, 1 independent
Updated Sep 3
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What happened
Midwest Financial Group and &Partners moved former Commonwealth advisors to Osaic and other firms.
Who's involved
What this event is mainly aboutKeep exploring
Part of
LPL Financial is acquiring Commonwealth advisors while facing competition from Osaic and recruitment efforts from Raymond James.Also in this story
- LPL Financial is gaining clients from competitors while operating under the backdrop of FED rate hikes.
- Cetera Financial Group is targeting Commonwealth advisors through competitive recruitment efforts, which is managed by Genstar Capital.
- Commonwealth Financial Network sold to LPL. Kestra Financial was hired by LPL and recruited from Commonwealth and Raymond James.
- Payne Financial Consultants, led by David Payne, joined Osaic after moving from LPL Financial.
The entities involved
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Commonwealth Financial Network
American investment advisor firm
Nothing else this week.