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Breakaway Stories


About the Breakaway Stories section:

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.

This father-daughter-son team survived 9/11 but divorced Wall Street altogether 14 years later



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My 10-year journey from a BoA call center to establishing a solo $73-million AUM RIA



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Why an $850 million BNY Mellon RIA team finally said 'yes' to Raymond James after a 'no' in 2007



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Dynasty Financial hits $22 billion of AUA after adding rare-bird Deutsche team



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The backstory of how a Merrill UHNW team found love in the time of U-5 -- but not with an RIA



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