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HighTower and Focus Financial continue to snag advisors from the wirehouses. The HighTower Network picked up a Sacramento-based advisor team with $300 million under management from Merrill Lynch on Tuesday, while Focus partner firm LVW Advisors...
Only one-fourth (26 percent) of advisors started their professional lives in the industry; the majority came into the profession after spending time in another career, according to REP.’s annual compensation survey.
Of those career-changers, nea...