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Channel change (one enterprise)

2 advisors moved from A•••• P•••••• W••••• M••••••••• L•• to C•••••••• W•••••

Not a lift-out: both firms report Focus Financial Partners 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.

independent RIAtoindependent RIARIA to RIAderived from registration dates
Members
AdvisorBranchLeftRegistered
Rachel E. SokaAlbany, NyOct 5, 2023Oct 10, 2023
Suzanne Marie BeczakAlbany, NyOct 5, 2023Oct 6, 2023
The rule
Registrations ended
Oct 5, 2023
Registered next
Oct 6, 2023 to Oct 10, 2023
Branch state
NY
Cities
1, most in Albany, Ny
Registered there that day
12 (people still on IAPD; an estimate)
Share of that headcount
17%
One enterprise because
both firms report Focus Financial Partners Inc. as a 75%+ owner on Schedule A around the move
Succession by the destination
none on the tape