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Team lift-out

2 advisors left D••••••• P•••••••• M••••••••• I••• for S••••••••• I••••••••• A•••••••• L••

independent RIAtounclassifiedOtherderived from registration dates
Members
AdvisorBranchLeftRegistered
Kimberly Ann MeltonJackson, TnJun 30, 2021Jul 21, 2020
Robert Addison CaldwellJackson, TnJun 30, 2021Aug 31, 2020
The rule
Registrations ended
Jun 30, 2021
Registered next
Jul 21, 2020 to Aug 31, 2020
Branch state
TN
Cities
1, most in Jackson, Tn
Registered there that day
18 (people still on IAPD; an estimate)
Share of that headcount
11%
Succession by the destination
none on the tape

A team is two or more advisors whose registrations through one firm ended within fourteen days of each other, from branches in the same state, all registering next through the same other firm. The kind is a printed rule, not a judgment: absorbed when half or more of the firm’s registered people moved or a succession names it, channel change when the two CRDs are one enterprise (same name, same 75%+ owner around the move, or one name the other with a word added), large transfer at fifty or more, lift-out otherwise.