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Channel change (one enterprise)

2 advisors moved from C•••••• G•••• • C• I•• to L•• F•••••••• L••

Not a lift-out: both firms report Lpl Holdings, Inc. as a 75%+ owner on Schedule A around the move, so the two CRDs are one enterprise and nobody left anyone. A channel switch, an integration after an acquisition or an affiliate transfer. Never counted as a team in or out.

BD affiliatedtoBD affiliatedAffiliated broker-dealer or bank to anotherderived from registration dates
Members
AdvisorBranchLeftRegistered
Mark Jay SonnenblickMount Sinai, NyMar 23, 2023Mar 20, 2023
Frank Arthur Giorgio IVSyracuse, NyMar 28, 2023Mar 27, 2023
The rule
Registrations ended
Mar 23, 2023 to Mar 28, 2023
Registered next
Mar 20, 2023 to Mar 27, 2023
Branch state
NY
Cities
2, most in Mount Sinai, Ny
Registered there that day
412 (people still on IAPD; an estimate)
Share of that headcount
0.5%
One enterprise because
both firms report Lpl Holdings, Inc. as a 75%+ owner on Schedule A around the move
Succession by the destination
none on the tape