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Independent Intelligence on the Private Wealth Industry
Wednesday, September 2, 2026The Morning Brief →Sign in
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Jeanette Mattiza

In PWD coverage since September 2, 2026 · 1 story
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.
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