Investors See Turbulence Ahead; Confidence Somewhat Shaky
Investors who are not retired are significantly more optimistic than retirees who are concerned about the purchasing power of their retirement savings, Wells Fargo found.
Recruiting Roundup: Wells Fargo Nabs $1B UBS Group
Raymond James adds Wells & Oppenheimer reps to employee channel, LPL advisor to its indie group.
Morgan Stanley to Cut 1,200 Jobs, Take $150 Million Charge
Reductions amount to about 25% of fixed-income and commodities group worldwide.
Why the Broker Recruiting Protocol Is Here to Stay
Firms that stick with the protocol serve the best interests of their clients — and their advisors.
Raymond James’ Deutsche Deal a ‘Clever’ Recruiting Strategy
In buying Deutsche Bank's U.S. wealth unit, Raymond James is well-positioned to attract boutique advisors just as many boutiques are closing, recruiter Mark Elzweig says.
SIFMA Outlines 2016 Priorities
SIFMA CEO and President Ken Bentsen listed the trade association’s “major initiatives,” starting with cybersecurity.
Merrill Raises Goalposts for Advisor Payouts
Advisors unable to increase their fees and commissions could see their cash payouts drop under Merrill's 2016 comp plan.
Recruiting Roundup: Ameriprise Picks Up 5 Reps
Meanwhile, Raymond James brings on a new employee advisor from Wells Fargo.
Why Advisors Ignore ESG Investing at Their Peril
Advisors who fail to understand the growing popularity of investing according to environmental, social and governance principles risk falling behind their competition.
Recruiting Roundup: UBS, Others Nab More Credit Suisse Reps
Meanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.