Broker Protocol News Today

After becoming Cresset's first president in May, Liz Nesvold is leaving on Feb. 11.

Mariner Wealth Advisors is facing a number of suits from competitors, including Edelman Financial Engines, Avantax and RWA Wealth Partners.

J.P. Morgan sued former advisor Nader Joseph Al-Mooshi for allegedly breaking his non-solicitation agreements with the bank after he joined Kestra Financial.

The majority of First Republic advisors came to the bank from wirehouses or large brokerages. Now, they find themselves back where they started.

SVB's wealth unit will leave the Broker Protocol next week as First Citizens attempts to protect its newly-acquired client assets and workforce.

In setting up a breakaway firm, a group of advisors tried not to step over lines when recruiting colleagues and clients. But a lawsuit argues they still went too far.

David Gehn, whose represents advisors in transition from Protocol and non-Protocol firms, explores the topic and shares advice with Jason Diamond.

The wealth manager has leveraged massive resources across its three channels, but it’s not altering its approach to the continuing breakaway movement.

Famous last words: “I only have 100 clients—this will be easy!”

Customer relationships are a key asset for companies in the financial advising and wealth management industry. In California, however, the law is making it increasingly difficult to...