This year was a busy one for advisor moves. More than two dozen teams managing $1 billion or more in client assets switched firms in 2015. By comparison, less than 10 such teams made a move last year.
Some of the movement this year was due to expiring contracts, according to recruiters. But the recruiting frenzy was also due to industry consolidation as both Barclays and Credit Suisse began their exits from the U.S. wealth management market.
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