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Team lift-out

2 advisors left W•••••• • R••• for T• A••••••••• I•••

othertono RAUMOtherderived from registration dates
Members
AdvisorBranchLeftRegistered
Stephen Yuan-Liang KuoRiverside, CaNov 3, 2016Oct 24, 2016
Michael Sylvester RodriguezIndian Wells, CaNov 15, 2016Mar 27, 2017
The rule
Registrations ended
Nov 3, 2016 to Nov 15, 2016
Registered next
Oct 24, 2016 to Mar 27, 2017
Branch state
CA
Cities
2, most in Riverside, Ca
Registered there that day
1,536 (people still on IAPD; an estimate)
Share of that headcount
0.1%
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.