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BREAKAWAY STORIES

There are about $5 trillion of assets parked in traditional stock brokerage firms, but they're not likely to stay there. Every month, clients move some of their money to independent firms with fewer conflicts of interest. Brokers who want more control are moving their books of business, too.

In these Breakaway Stories, you'll find instructive, encouraging and sometimes funny stories about these breakaway brokers and their clients. The information in the stories is accurate as of the date of publication. We hope these tales are useful for breakaway prospects and for people interested in luring wirehouse talent to their firms.

Lebenthal breakaways stake out a pricey swath of the Hamptons the better to entice wealthy society types who now live there year-round

YorkBridge Wealth Partners is occupying Lebenthal's old digs in Southhampton, the better to scope out UHNW luminaries

Tuesday 8.9.16 by Brooke Southall and Keith Girard

Lebenthal breakaways stake out a pricey swath of the Hamptons the better to entice wealthy society t

YorkBridge Wealth Partners is occupying Lebenthal's old digs in Southhampton, the better to scope out UHNW luminaries

Tuesday 8.9.16 by Brooke Southall and Keith Girard

Lebenthal breakaways stake out a pricey swath of the Hamptons the better to entice wealthy society t

YorkBridge Wealth Partners is occupying Lebenthal's old digs in Southhampton, the better to scope out UHNW luminaries

Tuesday 8.9.16 by Brooke Southall and Keith Girard
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First Republic's $70B-plus RIA roll-up loses four top executives as its contract with Luminous team ticks down

Sources say another Great Hou-Sear Escape could be in the offing based on the team's clannish ways when it comes to technology

Monday 8.8.16 by Lisa Shidler

First Republic's $70B-plus RIA roll-up loses four top executives as its contract with Luminous t

Sources say another Great Hou-Sear Escape could be in the offing based on the team's clannish ways when it comes to technology

Monday 8.8.16 by Lisa Shidler

First Republic's $70B-plus RIA roll-up loses four top executives as its contract with Luminous t

Sources say another Great Hou-Sear Escape could be in the offing based on the team's clannish ways when it comes to technology

Monday 8.8.16 by Lisa Shidler
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What exactly led to a Raymond James lifer morphing into a cooking school proprietor in Italy

Two years into his venture, Mike Di Girolamo tells what went into effecting his mouthwatering second chapter

What exactly led to a Raymond James lifer morphing into a cooking school proprietor in Italy

Two years into his venture, Mike Di Girolamo tells what went into effecting his mouthwatering second chapter

What exactly led to a Raymond James lifer morphing into a cooking school proprietor in Italy

Two years into his venture, Mike Di Girolamo tells what went into effecting his mouthwatering second chapter

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HighTower blindsides its own Palm Desert team with pink slips leaving pregnant questions in the arid air

The Chicago roll-up cites improprieties by its partner-employees but recruiters find the timing interesting as the team was actively seeking an exit

Friday 7.15.16 by Brooke Southall

HighTower blindsides its own Palm Desert team with pink slips leaving pregnant questions in the arid

The Chicago roll-up cites improprieties by its partner-employees but recruiters find the timing interesting as the team was actively seeking an exit

Friday 7.15.16 by Brooke Southall

HighTower blindsides its own Palm Desert team with pink slips leaving pregnant questions in the arid

The Chicago roll-up cites improprieties by its partner-employees but recruiters find the timing interesting as the team was actively seeking an exit

Friday 7.15.16 by Brooke Southall
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How my career path to become an RIA included pay phones, American Express, the pressure of being a physician's son and facing down robbers as a bank teller

It wasn't until I started flipping through industry journals at the bank that I discovered the CFP designation, read some practice profiles, and zeroed in on the field

Tuesday 7.5.16 by Guest Columnist Scott Oeth

How my career path to become an RIA included pay phones, American Express, the pressure of being a p

It wasn't until I started flipping through industry journals at the bank that I discovered the CFP designation, read some practice profiles, and zeroed in on the field

Tuesday 7.5.16 by Guest Columnist Scott Oeth

How my career path to become an RIA included pay phones, American Express, the pressure of being a p

It wasn't until I started flipping through industry journals at the bank that I discovered the CFP designation, read some practice profiles, and zeroed in on the field

Tuesday 7.5.16 by Guest Columnist Scott Oeth
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Lorenzo Esparza leaves JP Morgan in LA to start Manhattan West with tutelage from Schwab

Honoring his immigrant parents' wish, he toiled for 10 years as a lawyer at Paramount before staking out ground in a market with few Hispanics

Tuesday 6.14.16 by Sanders Wommack

Lorenzo Esparza leaves JP Morgan in LA to start Manhattan West with tutelage from Schwab

Honoring his immigrant parents' wish, he toiled for 10 years as a lawyer at Paramount before staking out ground in a market with few Hispanics

Tuesday 6.14.16 by Sanders Wommack

Lorenzo Esparza leaves JP Morgan in LA to start Manhattan West with tutelage from Schwab

Honoring his immigrant parents' wish, he toiled for 10 years as a lawyer at Paramount before staking out ground in a market with few Hispanics

Tuesday 6.14.16 by Sanders Wommack
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After chats with Phyllis Borzi, a flagship HighTower team executes a 'deliberate' breakaway to form a $2.5-billion RIA

Citing post-DOL-rule concerns about serving their super-rich clientle and hungering for more alternative alternatives, Paul Pagnato and David Karp have ankled the captive brokerage world but are keeping ties to the Chicago roll-up

Wednesday 6.1.16 by Sanders Wommack

After chats with Phyllis Borzi, a flagship HighTower team executes a 'deliberate' breakaway

Citing post-DOL-rule concerns about serving their super-rich clientle and hungering for more alternative alternatives, Paul Pagnato and David Karp have ankled the captive brokerage world but are keeping ties to the Chicago roll-up

Wednesday 6.1.16 by Sanders Wommack

After chats with Phyllis Borzi, a flagship HighTower team executes a 'deliberate' breakaway

Citing post-DOL-rule concerns about serving their super-rich clientle and hungering for more alternative alternatives, Paul Pagnato and David Karp have ankled the captive brokerage world but are keeping ties to the Chicago roll-up

Wednesday 6.1.16 by Sanders Wommack
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3 Comments  

How my mother-in-law steered my career from Olympic swimming in New Zealand to fee-based advising in the US

I was a 1988 bronze medalist -- a first for a Kiwi male -- taught swimming, sold Speedos, but wanted to help others avoid the fate of my badly advised parents -- a path that took me to the World Trade Center as a Morgan Stanley trainee in 2001

How my mother-in-law steered my career from Olympic swimming in New Zealand to fee-based advising in

I was a 1988 bronze medalist -- a first for a Kiwi male -- taught swimming, sold Speedos, but wanted to help others avoid the fate of my badly advised parents -- a path that took me to the World Trade Center as a Morgan Stanley trainee in 2001

How my mother-in-law steered my career from Olympic swimming in New Zealand to fee-based advising in

I was a 1988 bronze medalist -- a first for a Kiwi male -- taught swimming, sold Speedos, but wanted to help others avoid the fate of my badly advised parents -- a path that took me to the World Trade Center as a Morgan Stanley trainee in 2001

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Why a Miami breakaway trio sees no vice in leaving half-a-billion of client assets on JP Morgan's table

Element Pointe Advisors seek to ease HNW and UHNW client angst by watching their held-away assets

Tuesday 4.5.16 by Lisa Shidler

Why a Miami breakaway trio sees no vice in leaving half-a-billion of client assets on JP Morgan'

Element Pointe Advisors seek to ease HNW and UHNW client angst by watching their held-away assets

Tuesday 4.5.16 by Lisa Shidler

Why a Miami breakaway trio sees no vice in leaving half-a-billion of client assets on JP Morgan'

Element Pointe Advisors seek to ease HNW and UHNW client angst by watching their held-away assets

Tuesday 4.5.16 by Lisa Shidler
0 Comments  
0 Comments  

A breakaway artist confesses the 'mistakes' he made in ushering PBIG's Hou-Sear team

With its elevators, synchronized watches, office space hijinks and voice-over IP, Luminous Capital was a virtuoso Merrill Lynch defection but not to Matt Sonnen

A breakaway artist confesses the 'mistakes' he made in ushering PBIG's Hou-Sear team

With its elevators, synchronized watches, office space hijinks and voice-over IP, Luminous Capital was a virtuoso Merrill Lynch defection but not to Matt Sonnen

A breakaway artist confesses the 'mistakes' he made in ushering PBIG's Hou-Sear team

With its elevators, synchronized watches, office space hijinks and voice-over IP, Luminous Capital was a virtuoso Merrill Lynch defection but not to Matt Sonnen

1 Comment  
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