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Channel change (one enterprise)

3 advisors moved from E•••••• C•••••• M••••••••• L•• to M••••• S••••••

Not a lift-out: both firms report M••••• S•••••• 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 RIAtowirehouseRIA to wirehousederived from registration dates
Members
AdvisorBranchLeftRegistered
Alan Theodore DehesaSan Diego, CaSep 30, 2022Sep 22, 2022
Andrew Chongwoo KimLos Angeles, CaSep 30, 2022Sep 21, 2022
Steven DoCupertino, CaSep 30, 2022Sep 21, 2022
The rule
Registrations ended
Sep 30, 2022
Registered next
Sep 21, 2022 to Sep 22, 2022
Branch state
CA
Cities
3, most in Cupertino, Ca
Registered there that day
674 (people still on IAPD; an estimate)
Share of that headcount
0.4%
One enterprise because
both firms report M••••• S•••••• as a 75%+ owner on Schedule A around the move
Succession by the destination
none on the tape