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Channel change (one enterprise)

2 advisors moved from C•••••• S••••• • C••• I••• to S••••• W••••• A•••••••• I•••

Not a lift-out: both firms report The C•••••• S••••• Corporation 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.

national BDtono RAUMOtherderived from registration dates
Members
AdvisorBranchLeftRegistered
Kevin MadiganPhoenix, AzAug 19, 2025Aug 19, 2025
Richard JanesPhoenix, AzAug 27, 2025Jan 3, 2012
The rule
Registrations ended
Aug 19, 2025 to Aug 27, 2025
Registered next
Jan 3, 2012 to Aug 19, 2025
Branch state
AZ
Cities
1, most in Phoenix, Az
Registered there that day
5,805 (people still on IAPD; an estimate)
Share of that headcount
0.0%
One enterprise because
both firms report The C•••••• S••••• Corporation as a 75%+ owner on Schedule A around the move
Succession by the destination
none on the tape