HighTower Nabs $500M JPMorgan Team, $230M Merrill Rep: Recruiting Roundup
Also, Wells Fargo attracts two Morgan Stanley reps with $370 million; Cetera adds new bank client with $225 million.
Raymond James to Grab $5B Clearing Client From Pershing
It also recruited a husband-and-wife team from Merrill Lynch with some $160 million in assets.
RBC Taps New Wealth Consulting Chief
Nate Angelo comes on board one week after the wealth firm tapped a new head of recruiting.
LPL Makes Retirement Plan Push With FAs
Retirement Partners head Bill Beardsley and national sales chief Andy Kalbaugh are hoping to bring more LPL reps and ex-NPH advisors into the fold.
Think 7% Returns Are Coming Back Anytime Soon? Think Again.
Two prominent investment strategists cautioned advisors about future gains in client portfolios at FPA’s annual conference.
Top 3 Ways BDs Can Help FAs With DOL-Related Platform Shifts
Broker-dealers should help advisors with new technology, criteria for picking third-party asset managers and improved planning tools.
Indie BD Reps Most Likely to Outsource Model Portfolios: Cerulli
Advisors making their own investment decisions increases potential liability for broker-dealers under the DOL fiduciary rule.
How to Attract More Female Advisors and Clients
This challenge should be top of mind for financial advisory firms, according to some panels at this week's FPA annual conference.
6 Personality Traits of the Wealthy and Successful
Author and financial editor Jean Chatzky discusses what she found from researching 5,000 wealthy and successful people.
Former Wells Fargo Exec Acquires Part of $800M FiNet Team
In other news, Focus Financial helps two partner firms complete merger deals.