Recruiting Roundup: $400M Merrill Broker Goes Indie With Dynasty
Meanwhile, LPL brings five advisors onto its brokerage platform in Ohio; SagePoint adds affiliated reps with $500 million.
4 Catalysts of Coming Breakaway Surge: TDAI
Scott Collins, who heads advisor transitions at TDAI, thinks more indie and wirehouse advisors will be moving into the RIA space by end of 2016.
Career Swap: Why 7 Advisors Left These 7 Professions
There are “many more career changers than undergraduates” enrolled in CFP programs, says Joseph Maugeri of the CFP Board.
Being a Fiduciary Is a Long-term Investment
Will moving from a registered rep model to a fiduciary RIA significantly boost your business? You’re asking the wrong question.
LPL Expects to Launch Robo-Advisor This Year
LPL is also casting a wide net to attract advisors, including those who want to simultaneously sell their business.
The Breakaway Push Is Sputtering Out
The independent channel is losing allure as a new wave of brokers looks for big deals, recruiter Mark Elzweig writes.
No, DOL Fiduciary Rule Not Driving Advisors Away From Firms: Brian Hamburger
The market for breakaway advisors “has never been more ripe,” but that’s not due to the DOL fiduciary proposal, says MarketCounsel's Brian Hamburger.
Are You a Salesperson or an Advisor?
The better we serve our clients, the more referrals we will receive, which leads to business longevity.
The Bright Side of Investor Distrust
If, as a recent poll found, investors are "scared" of working with advisors, that might be a good sign.
LPL Shares Bounce Back, but Outlook Is Mixed
Expectations for the independent broker-dealer have been downgraded by analysts.