12 Best & Worst Broker-Dealers: Q2 Earnings, 2016
Like in Q1, profits for financial firms generally moved in the same direction, with one exception.
Hearsay Launches New Social Media Tool for Advisors
The platform tracks client communications, suggests steps for advisors to take and gives broker-dealers data for building best practices.
Raymond James Completes Rollout of Mobile Platform
The firm also has introduced document sharing technology to its roughly 6,800 financial advisors.
Recruiting Roundup: Raymond James, Cetera Add Groups
Meanwhile, two RIAs merge to form group with $13 billion in client assets.
Recruiting Roundup: Big Groups Move to Focus, Kestra & Raymond James
The shifts come as the teams end affiliations with Wells Fargo, Transamerica, LPL Financial and Cetera Investment Services.
Recruiting Roundup: RBC Wealth Adds 2 Teams From Rivals
Meanwhile, Cetera, Deutsche Bank and Snowden Lane say they have picked up new advisors as well.
Raymond James Tops Estimates, Reports Strong Revenue: Q2 Earnings
Plus, the Private Client Group's fee-based business is growing 11% year over year, according to CEO Paul Reilly.
Recruiting Roundup: Dynasty Adds Group From Lebenthal
Meanwhile, several wirehouse reps help form a new RIA in Cleveland; Betterment adds a CFO and hits $5 billion in AUM.
How a UK Advisor, Strategist Handled Brexit
London-based Raymond James wealth manager Matthew Hunt and his colleague, Chris Bailey, say their clients aren’t panicking as "the dust settles."
SIFMA Roiled by Split Over DOL Fiduciary Suit by Wirehouses, Smaller Firms
Large broker-dealers favored compliance over fighting DOL; Wells Fargo, Morgan Stanley said to have opposed court battle.