Where BDs Are Getting Their Best Recruits
The DOL fiduciary rule presents an opportunity for BDs to attract advisors, but it’s not the only factor driving growth in the rep force.
Will DOL Fiduciary Rule Drive RIAs to — or From — BDs?
Broker-dealers have an opportunity to ease RIAs’ compliance burden brought by the DOL fiduciary rule, the 2016 Broker-Dealers of the Year say.
Wells Fargo Advisors Adds $700M JPMorgan Duo in Tulsa
The bank's retail brokerage also says it has recruited a $100 million Morgan Stanley rep in Southern California.
Banks, Credit Unions Lose More Than $8M per Departing Rep: LPL Study
“Doesn’t it make sense to spend some of that money to keep the advisors, before it walks out the door with them?” the authors asked.
Financial Advice and the Age of BS
What is up with the continuing attacks on AUM compensation by the proponents of a flat earth, ah, I mean, flat fees?
RBC Nabs Billion-Dollar Morgan Stanley Group in Texas
The news comes one week after RBC recruited an advisor in Houston from Wells Fargo.
Recruiting Roundup: Dynasty Nabs Wirehouse Exec to Head Investments
In other news, Wells Fargo recruits an advisor from a rival firm, but loses one to boutique group.
6 Ways Advisors Can Protect Against 401(k) Lawsuits
MarketCounsel CEO Brian Hamburger talks about how advisors can limit liability as the lawsuits against 401(k) and 403(b) plans proliferate.
Vanguard, Fidelity Charitable Name New Execs
Vanguard Charitable has a new CFO, and Fidelity Charitable recently named a new president.
FINRA Issues Q&A on Recruiting Practices
Q&A guidance covers such areas as the format of the educational communication, “individualized contact,” delivery requirements and who qualifies as a former customer.