Peter Loncar and Brent Stein had $2 million in annual revenue before leaving the wirehouse, according to Raymond James. Both, operating as Rivertowne Advisors, are based in Beaver, Pa., just northwest of Pittsburgh. Their practice will focus on retirement planning, both for individual clients and for businesses.

Source: $300 Merrill Team Goes Indy | IAG Breaking News

Advisors Chris Mahoney, his brother Kevin Mahoney, Mark C. Marotta, Kristen Koluch, and Phil Murphy joined the firm in West Nyack, N.Y., about  40 miles from Manhattan.The team, which is led by Mahoney, generated $7.7 million in annual production, according to Raymond James.

Source: Raymond James Sets Recruiting Record: $3B Team | IAG Breaking News

Voya Financial Advisors has recruited a $500 million-plus advisor group from Investor’s Capital Corporation.An initial group of 17 advisors with $415 million in assets under management moved to Voya on November 2nd with a second wave from various broker-dealers following in the first quarter of next year. This group brings gross dealer concessions totaling $4 million to Voya Financial Advisors.

Source: Voya Snags $500M+ Advisor Group from Investor’s Capital – Life & Health ADVISORLife & Health ADVISOR