Feb 1, 2010
By Halah Touryalai
RIAs are expected to start doing deals again in 2010, as valuations and cash flows pick up....
Jan 29, 2010
By Kristen French
The dismal morale among UBS brokers seems to be improving of late. A number of top financial advisors at the firm say that they are so far very pleased with the leadership of UBS Wealth Management CEO Bob McCann, and the team of people he has brought on board. ...
Jan 27, 2010
By Jerry Gleeson
Charles Goldman, the president who oversaw Fidelity Investments’ services for financial advisors, will leave at the end of March, the second top manager in a week to depart from the mutual fund giant. Also exiting Fidelity is the company’s President Rodger Lawson, the number two executive under Chairman and CEO Edward “Ned,” Johnson. Lawson leaves at the end of March as well....
Jan 25, 2010
By Halah Touryalai
LPL’s hybrid RIA platform got a strong start in its first full year in operation, and LPL says 2010 will be an even bigger year. ...
Jan 21, 2010
By Christina Mucciolo
Affluent investors rated Charles Schwab the number one “distributor” or brokerage firm, bumping Fidelity into second place, according to Cogent Research’s recently released 2010 Investor Brandscape report. ...
Jan 21, 2010
By Jerry Gleeson
We present our annual Outstanding Advisor Awards each May, but we’re
always on the lookout for charitably inclined financial advisors....
Jan 20, 2010
By Halah Touryalai
Neither Morgan Stanley Smith Barney nor Bank of America ended 2009 with a bang in the earnings department. But their wealth management units were pockets of strength....
Jan 16, 2010
By David A. Geracioti, VonAldo.com
What's wrong with the hybrid model --- being both a Series 7 and IAR of an RIA? Citi Personal Wealth Management advisors want to know. For more, please go to VonAldo.com, the blog of Registered Rep. Editor-in-Chief David A. Geracioti...
Jan 14, 2010
By Kristen French
Wells Fargo financial advisors received their first paychecks last Friday under the firm’s new tax withholding system, which applies a flat rate of 25 percent to all. Many of the firm’s 12,000 financial advisors have grumbled to management about the switch, which will be in place until 2011 as the firm works to integrate legacy payroll systems from Wells Fargo and Wachovia. ...
Jan 11, 2010
By Anne Field
The compliance burden borne by branch managers has intensified. Here's how to make the best of it....
Jan 8, 2010
By Jerry Gleeson
More proof of the breakaway broker phenomenon, albeit anecdotal? Moneta Group has hired two veterans legacy A.G. Edwards advisors, the company said today, amid a nascent national trend of advisors leaving wirehouses for smaller independents....
Jan 6, 2010
By Halah Touryalai
The number of wirehouse advisors switching broker/dealers has been in steep decline since June. ...
Jan 1, 2010
By Susan Konig
The branch manager job has lost some of its appeal, but former managers are finding a good fit elsewhere in wealth management. ...
Jan 1, 2010
By Christina Mucciolo
Most financial advisors don't see online brokerages as true rivals....
Jan 1, 2010
By Halah Touryalai
Fidelity Investments made its internet policy loud and clear when it fired four employees in October for playing Fantasy Football at the office. ...
Jan 1, 2010
By John Aidan Byrne
With recruiting bonuses spiraling higher, and the advisor force aging, broker/dealers are finding that training programs make economic sense again. ...
Jan 1, 2010
By Dr. Alden Cass
Now that the crisis has passed, you need to get proactive....
Jan 1, 2010
By David A. Geracioti
An RIA's collected wisdom of Warren Buffett. ...
Jan 1, 2010
By Halah Touryalai
Jan 1, 2010
By David A. Geracioti, Editor-In-Chief.
Recruiting deals soared again last year. ...
Dec 16, 2009
By Halah Touryalai
The number of wirehouse advisors switching broker/dealers has been in steep decline since June. In November, just 177 advisors in the wirehouse channel switched firms, the smallest monthly number all year, according to Discovery Database....
Dec 10, 2009
By John Aidan Byrne
UBS’ Wealth Management Americas unit today unveiled a new compensation program that will reward the firm's biggest financial advisors for loyalty and growth. That’s a departure from other brokerages where compensation is typically based on trailing commissions rather than on growth.
...
Dec 2, 2009
By Halah Touryalai
Two Bank of America CEO candidates recently told the board of directors that the bank should consider breaking itself up. ...
Dec 1, 2009
By Halah Touryalai
Dec 1, 2009
By John Aidan Byrne
What Bob McCann is up against in turning around UBS' wealth management unit. ...
Dec 1, 2009
By John Churchill
Is the worst over?...
Dec 1, 2009
By Halah Touryalai
Consolidators, or roll-ups, were the biggest buyers of RIA firms just a few years ago. But as revenues and cash flows have declined, some consolidators are bowing out of the business while others are making adjustments to survive....
Dec 1, 2009
Halah Touryalai
Turns out breakaway brokers are not as coveted in the independent space as you might think. ...
Dec 1, 2009
By Christina Mucciolo
Mary Ellen and Bruce Valliant, married team, Raymond James Financial Services. ...
Dec 1, 2009
By Christina Mucciolo
Dec 1, 2009
By Christina Mucciolo
Thinking about changing firms? Before you do, get the real deal. Read the results of our 19th annual FA satisfaction survey to find out what FA employees really think about their firms. ...
Dec 1, 2009
By Halah Touryalai
Wall Street firms are canceling Christmas again this year. ...
Dec 1, 2009
By Kristen French
...
Dec 1, 2009
Halah Touryalai
Dec 1, 2009
By David A. Geracioti
...
