The FA Recruiting Wars Are Far from Over
Contrary to what some wirehouse executives say, the war for talented financial advisors isn't ending; it's just reconfiguring.
FA Retention Bonuses Surge
As the epic battle for advisors continues, wirehouse firms have been offering generous retention bonuses to keep their existing FAs happy.
FA Outlook for 2010: Demand to Remain Strong
As bedlam gives way to calm, top advisors should like the new order at the wirehouse, regional and independent broker-deals.
Cautionary Tales of Wirehouse Leadership
A look at some of Wall Street's big names, and what their successes and failures mean for the future of the financial industry.
Stronger Than Ever: Client Loyalty
Forget the "studies," says Elzweig. Complexity in markets and in financial services is good for advisors, even in troubled times, as shown with today's high rates of customer loyalty.
What Advisors Can Teach the SEC
Instead of lashing out at broker-dealers, the SEC should begin to examine how the brokerage industry has moved ahead of the curve to re-shape recruitment packages and to tie performance and asset retention to bonuses.
A Seamless Move to Independence?
Most independent firms offer standard products like the major firms, but platforms in the independent channels can be more flexible.
The Value of a Recruiter
During these tempestuous times, good recruiters are critical guides when it comes to explaining the pros and cons of different types of firms.
Red Flags in Recruiting
Advisors seeking new home bases should take note of these telltale signs of trouble.
Advisors as Valuable as Ever
There is still fundamental strength within the retail brokerage industry. And that means brokerage firms are actively seeking top-producing financial advisors and brokers.