The New Jersey-based team of 12, led by Bert Riley, was attracted to the firm’s capabilities and boutique feel.

Craig Findley, a star advisor who was terminated by UBS in April, pulled his team from the brokerage and set up his own $1.5 Billion RIA, Venture Visionary Partners.

Dynasty is recreating a wirehouse compensation strategy to lure new advisors—giving them an up-front payment in the form of a forgivable loan—but it comes with a new twist; advisors don’t give up any equity.

The former Luminous team recently broke away from First Republic, proof that in the world of RIA M&A, the advisor, not their acquirer, holds the cards and there’s often a culture clash with banks.

Three Bridges Planning joins Kestra’s private wealth unit, which helps wirehouse advisors go independent.

The brokerage, whose legacy goes back to the 1800s, is looking to attract fee-only independent advisors with at least $1 million in revenue to the new firm.

With the rebrand, the firm hopes to differentiate itself from another IFP, Independent Financial Partners, which recently left LPL to start its own broker/dealer.

Two bidders—encompassing four private equity firms—are submitting final bids Friday to buy Lightyear’s Advisor Group for $2.2 to $2.7 billion.

The independent b/d is looking to take the pain out of the transition process for employee advisors and provide more ongoing support for them.