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Channel change (one enterprise)

3 advisors moved from S•• A•••••••• I••• to A•••• P•••• A•••••••

Not a lift-out: both firms report Ag Parent Corp. 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
James Samuel BurchamDunkirk, MdSep 18, 2020Sep 18, 2020
John Joseph CvachCenterville, MdSep 18, 2020Sep 18, 2020
Karl Joseph KoradeFrederick, MdSep 18, 2020Sep 18, 2020
The rule
Registrations ended
Sep 18, 2020
Registered next
Sep 18, 2020
Branch state
MD
Cities
3, most in Dunkirk, Md
Registered there that day
157 (people still on IAPD; an estimate)
Share of that headcount
1.9%
One enterprise because
both firms report Ag Parent Corp. as a 75%+ owner on Schedule A around the move
Succession by the destination
none on the tape