Recruiting Roundup: UBS, Others Nab More Credit Suisse Reps
Meanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.
Morgan Stanley Adds Bonuses for Advisors Who Land Cash-Heavy Clients
Under Morgan Stanley's 2016 comp plan, advisors can receive $5,000 to $50,000 a year for growth in clients who are “cash management engaged.”
Ex-Morgan Advisor, in Unusual Move, Takes FINRA Arb Case to Federal Court
Few advisors appeal a FINRA promissory-note ruling because the odds of winning are slim; however, Laurie Facsina’s case is different from most.
Deutsche Bank Co-CEO Cryan Says Bankers Are Still Paid Too Much
Managers need to slow the bonus process, and there are too many bankers with senior titles, he said.
U.S. Advisor Population Grows, but ‘Succession Cliff’ Looms
Cerulli reports the first headcount rise in nine years but projects a decline after 2020.
Choosing Technology for Your Advisory Firm—CRM and Financial Planning
Both software tools sit at the center of a planner’s practice. Here are some issues to consider, and resources to help you decide.
Wells Fargo Sees ‘Feeding Frenzy’ for Credit Suisse Advisors
Wealth head David Carroll says retention bonuses are `much lower' than those of peers.
Recruiting Roundup: Where Are the Credit Suisse Reps Going?
Many of these advisors decline to hook up with Wells Fargo and opt instead to join rival wirehouses.
How Raymond James Grabbed a $2.9B Merrill Team
The long-time Merrill reps say they needed a flexible platform and low-cost funds to compete.
You’re the Owner, So Own Up
The biggest challenge we face in working with advisory firms is when owners won’t take responsibility for their decisions and blame employees for failures.