When It Comes to Switching Broker-Dealers, Just Do It!
For advisors who have decided to move on with their advisory practices, there are numerous reasons not to dawdle.
UBS Announces Major Changes
In order to help raise pay for top advisors and support retention, the group says, it will reduce advisor recruiting by 40%.
Ric Edelman Schools the Brokerage Industry
Rather than filing lawsuits, why doesn't the brokerage industry transition its business to put clients' interests first?
With FutureAdvisor, BlackRock Seeks to Compete With Schwab, Vanguard
BlackRock says its robo offering provides advisory firms, wealth managers and banks a “credible way” to take on Schwab and Vanguard.
Morgan Stanley Opens Miami Office for Ex-Credit Suisse Reps
The new office serves Latin American clients and has some $7 billion in assets under management.
Ric Edelman: DOL Rule Will Kill Off Half of All Advisors, Gouge Wirehouses
One of the scariest aspects for the financial services industry, Edelman says, is that the new fiduciary rule will allow lawsuits.
UBS Wealth Unit Cuts Recruiting 40% to Beef Up Advisor Pay
The Swiss-based wirehouse says its plans are part of an overall reorganization and cost-cutting for its American wealth unit.
Recruiting Roundup: Raymond James Adds Affliates, Reps With $3.2B in Assets
Meanwhile, Merrill Lynch, RBC, Dynasty, Schwab and other firms welcome new advisors to their operations.
10 Sales Behaviors Prospects Hate
Here’s a list of things you might be doing that are repelling prospects.
Morgan Stanley Files to Launch ETFs
The wirehouse plans to introduce both passive and active products, according to SEC registration documents.