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Team lift-out

2 advisors left A••••••••• F•••••••• S•••••••• L•• for C•••••••• F••••••••• I•••

national BDtoBD affiliatedAffiliated broker-dealer or bank to anotherderived from registration dates
Members
AdvisorBranchLeftRegistered
Martin J VanamenDraper, UtDec 19, 2018Dec 20, 2018
Ryan Andrew LundquistOrem, UtDec 19, 2018Jan 28, 2019
The rule
Registrations ended
Dec 19, 2018
Registered next
Dec 20, 2018 to Jan 28, 2019
Branch state
UT
Cities
2, most in Draper, Ut
Registered there that day
8,578 (people still on IAPD; an estimate)
Share of that headcount
0.0%
Succession by the destination
none on the tape

A team is two or more advisors whose registrations through one firm ended within fourteen days of each other, from branches in the same state, all registering next through the same other firm. The kind is a printed rule, not a judgment: absorbed when half or more of the firm’s registered people moved or a succession names it, channel change when the two CRDs are one enterprise (same name, same 75%+ owner around the move, or one name the other with a word added), large transfer at fifty or more, lift-out otherwise.