New Hire Roundup: SEC Names Levine to Head Advisor Exams in Chicago
In another career move, Elliot Hollingsworth has joined wealth advisory firm Halbert Hargrove as regional director.
How to Attract and Keep the Next Generation of Clients
One perhaps surprising finding: Millennials tend to work with older advisors. But experience alone is not enough to keep them happy.
Raymond James Tops Estimates in Q3, Private Client Profits Jump 55%
The company now includes 6,265 advisors doing business in different channels in the U.S., Canada and the U.K.
Schorsch’s ARCP Plunges After Execs Replaced Over Accounting Errors
American Realty’s stock falls more than 30%; the mistakes may have been intentionally not corrected
Top-Performing Firms Have Raised Fees: Tibergien
If you can demonstrate value to your clients, says Pershing Advisor Solutions CEO, then you can charge fees for services, not just on AUM.
SEC Charges Sands Brothers With Custody Rule Violations
SEC charged Sands Brothers and three of its top officials, including its CCO, with failing to provide timely statements on the firm’s private funds.
Ameriprise Beats Q3 Estimates, Posts Strong Wealth Results
The average yearly production level for its advisors is $483,000, up 13% from last year.
Mobile Financial App Users More Likely to Report Big Returns: Fidelity
Plus, the majority say they do mobile investing and research in the bedroom or in front of the TV.
Pershing Ready to Help BDs Recruit New Advisors: CEO DeCicco
Pershing CEO kicks off Discover conference by announcing it stands ready to help broker-dealers recruit "younger and more diverse" advisors to meet growing demand.
UBS’ Advisor Production Tops Merrill’s (Again), as Q3 Profits Rise
UBS Wealth managers in the Americas have average annual fees and commissions of nearly $1.08 million.