Scott Collins has been named director of advisor transitions for TD Ameritrade Institutional in Jersey City, N.J. He will lead recruiting and consulting efforts to brokers and advisors who are thinking of becoming hybrid or fee-only independent RIAs. Collins previously served as the managing partner and CEO of FirstPoint Partners and was the senior vice president of business development at LPL Financial before that.

TD Ameritrade Institutional is a provider of brokerage and custody services to more than 4,500 fee-based, independent registered investment advisors and their clients.

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