advisor
Dan Hocking
In PWD coverage since September 1, 2026 · 2 stories
PWD coverage
Moves
Three breakaways, $945 million, and the fight moves inside the channel
LPL's Linsco, Raymond James' employee channel, and NewEdge split a $945 million week of breakaway teams, and none of them chose the pure independent route. The recruiting war is now about which affiliation model wins.