Understanding Advisor Economics 101: Follow the Money
The economics of being a wirehouse broker vs. an independent advisor, of the wirehouses vs. fee-based financial services firms, and the CFP Board.
3 Ways to Address Advisor Shortage
It’s not that Gen Yers don’t care; they just don’t know about the career opportunities the financial services industry can provide.
Why do RIAs Choose Their Profession?
The ability to grow and the potential for a healthy work-life balance draw many to the RIA industry, Schwab Advisor Services found.
Why You Should Use Team Bonuses Based on Firm Revenue
It would be a shame for advisors to confuse David Grau's and Michael Kitces' aversion to individual revenue-based bonuses with team bonuses.
New Hire Roundup: Barclays Taps Bhargava to Head Wealth, Investment Management
In another personnel move, Michael McKeigue has joined Montage Investments as managing director of the national accounts team.
IAA’s Barr to Replace Tittsworth as President, CEO
Karen Barr will become the IAA's new president and CEO, replacing David Tittsworth, who has led the association since 1996.
Schorsch’s RCAP Adds Ex-LPL Exec Dwyer in Leadership Shakeup
Bill Dwyer will be CEO of the Realty Capital Securities unit, while other new additions will give the rapidly growing firm a "deep bench."
SEC Announces 3 Senior-Level Appointments
SEC announced this week a new administrative law judge and two other personnel moves.
3 Ways to Attract and Retain Talented Advisors
Firms that don't provide incentives for talented advisors to stay are at risk of losing them, according to Schwab's 2014 RIA Benchmarking Study.
LPL Adds $1.2B Team; Wells Fargo Recruits $1.4B Reps
Also, Washington Wealth brings in group from RBC with $830 million in assets, as Morgan Stanley's Graystone attracts Merrill institutional team.