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Advisor moves: LPL, Raymond James, FiNet all announce new recruits
LPL Financial, Raymond James, and Wells Fargo Advisors Financial Network have significantly ramped up their recruitment efforts, collectively adding new advisor teams and client assets exceeding $1 billion. LPL recruited Consilium Wealth with over $250 million in assets, Raymond James added Jerry Knight and his $168 million practice, and Wells Fargo brought in three practices totaling more than $1.2 billion in assets. These moves highlight the ongoing competitive recruiting environment in the wealth management sector across various regions of the US.