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Team lift-out

2 advisors left J••• M••••• S••••••••• L•• for C•••••••• G••••• M•••••• I•••

wirehousetoBD affiliatedWirehouse to affiliated broker-dealer or bankderived from registration dates
Members
AdvisorBranchLeftRegistered
Nathan AfshinArleta, CaJan 18, 2024Jan 18, 2024
Andrew ChanNewport Coast, CaJan 26, 2024Feb 21, 2024
The rule
Registrations ended
Jan 18, 2024 to Jan 26, 2024
Registered next
Jan 18, 2024 to Feb 21, 2024
Branch state
CA
Cities
2, most in Northridge, Ca
Registered there that day
9,335 (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.