After 13 Years of Invites, Commonwealth Snags LPL Advisor
Lance Nelson switches IBDs after getting quarterly postcards from Commonwealth since 2001.
Investing Like a Billionaire: Buffett and Icahn’s Energy Investments
Buffett’s energy play includes investing in spinoffs of companies he’s already backed, while for Icahn, the energy sector comprises just 19% of his equity holdings.
New Hire Roundup: American College Names Linda Need Board Chairwoman
Also this week, Hy Saporta was named COO of Steward Partners Global Advisory, and a former top Boehner staffer joined the Bipartisan Policy Center.
How to Offer a ‘Mind-Blowing’ Client Experience
Successful advisors increasingly take a highly personalized approach.
Breakaway Brokers Move to Focus, Raymond James, Others
In addition to ex-wirehouse advisors, independent broker-dealers, RIAs and wealth management firms are expanding with "tuck-in" deals.
What High Client Acquisition Costs Mean to Serving the Masses
How the high cost affects planners’ economics, how big RIAs and robo-advisors are responding, and the possible impact of a fiduciary standard for all.
Morgan Stanley Sees S&P Hitting 2,014 in 2014
Despite concerns about tapering, the equity group sees economic growth, strong earnings and other factors driving a strong market next year.
$900M UBS Group Moves to Dynasty; LPL Team Jumps to Raymond James
The New York-based team going independent includes four former wirehouse advisors, while the LPL group has three reps at $310 million in assets.
UBS Adds Merrill Advisor; NPC Recruits 2 Online
Reps move to National Planning Corp. from Ameriprise and LPL via The Advisor Center, an online clearinghouse.
Women-Owned Advisory Firms Need to Play Catch-Up
Between 1997 and 2013, the number of women-owned firms increased by 59%. But most female advisors still work for an existing firm.