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Channel change (one enterprise)

2 advisors moved from V••• F•••••••• A•••••••• I••• to V••• R••••••••• A•••••••• L••

Not a lift-out: both firms report V••• 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 affiliatedtootherOtherderived from registration dates
Members
AdvisorBranchLeftRegistered
Hunter L PenlandDanville, CaMar 9, 2021Jul 14, 2023
Micheal Scott PenlandDanville, CaMar 9, 2021Jul 14, 2023
The rule
Registrations ended
Mar 9, 2021
Registered next
Jul 14, 2023
Branch state
CA
Cities
1, most in Danville, Ca
Registered there that day
1,218 (people still on IAPD; an estimate)
Share of that headcount
0.2%
One enterprise because
both firms report V••• Holdings Inc. as a 75%+ owner on Schedule A around the move
Succession by the destination
none on the tape