All national IFA Park Row's 240 advisers have now left the company, which has begun its planned solvent wind-down.
The Royal Liver-owned company shut to new business at 5pm on 13 November but a team has remained to oversee the wind-down process.
Plans for a bulk transfer of the firm's 240 advisers to 2Plan Wealth Management fell through at the eleventh hour last month, so only a handful have now joined the up-and-coming national adviser.
A spokesman for Park Row say the "lion's share" of advisers have joined Personal Touch Financial Services, with others going to Tenet, Positive Solutions and their "local brokerages".
The future of Park Row has been the subject of speculation for months. Royal Liver Assurance agreed a £16.7m deal for the distribution business in 2003.
In August, Royal Liver announced it was "considering carefully" the future of its investment in Park Row after the IFA posted a bigger-than-expected £2.17m loss for the first six months of the year.
The company posted a turnover of £4.3m to the end of June, less than 70% of its anticipated budget.
A spokesman for Royal Liver said at the time it intends to focus its efforts on its manufacturing propositions, Progress and Caledonian Life.
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds
Variable operating expenses