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Team lift-out

6 advisors left S••••••• P••••••• for A••••• W•••••

independent RIAtoindependent RIARIA to RIAderived from registration dates
Members
AdvisorBranchLeftRegistered
James Patrick ScanlanGlastonbury, CtFeb 5, 2019Apr 20, 2017
Peter Arthur LepponesGlastonbury, CtFeb 5, 2019Apr 1, 2016
Edward Stuart RichterGlastonbury, CtFeb 6, 2019Mar 20, 2017
Harvey SiegelGlastonbury, CtFeb 6, 2019Mar 20, 2017
James R FemiaGlastonbury, CtFeb 6, 2019Oct 1, 2015
Kathleen Sidley ParksGlastonbury, CtFeb 6, 2019Jul 7, 2017
The rule
Registrations ended
Feb 5, 2019 to Feb 6, 2019
Registered next
Oct 1, 2015 to Jul 7, 2017
Branch state
CT
Cities
1, most in Glastonbury, Ct
Registered there that day
24 (people still on IAPD; an estimate)
Share of that headcount
25%
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.