Time to Rein In Rollovers?
If you’ve been paying attention over the past year, you’ve noticed that regulators and those in Washington are placing increased scrutiny on IRA rollovers.
The IA 25 for 2014
This is our 12th annual IA 25 list, bringing together the most influential people in and around the advisor industry.
SEC to Keep Close Eye on Advisors Who Are ‘Highly Successful’ at Rollovers
“The goal is to see whether there is an abuse of rollovers,” says Kevin Goodman, national associate director of the SEC's BD exam program.
Schorsch’s Realty Cap to Buy Summit Financial for $49 Million
Why buy the 300-advisor IBD? "The reasons are fairly simple," Schorsch told ThinkAdvisor.
Mission: Train Future Independents
Independent advisor Pamela Rigsby in Raleigh, N.C., was talking about the 24-year-old FA trainee she hired 18 months ago:
“I tell clients she’s a taller, thinner, younger, smarter me!” says Rigsby, 46, jovially. “She’s knocking it flat-out [of the park]. She’s doing the numbers. Headhunters call her all the time.”
Larry Roth Leaves Advisor Group to Run REIT Firm
Roth to become CEO of wholesaler arm of Nicholas Schorsch’s RCS Capital; Peter Harbeck is named interim president of Advisor Group.
Advisors Missing Opportunities Presented by the ‘New Modern’ Family
Pershing study released at Pershing Insite conference finds misalignments between what advisors perceive to be their natural client base and the actual affluent population.
FSI’s FA Membership Growth Strategy Appears to Be Working
Subsidizing individual FA membership gets advisors in the door, and advocacy success keeps them, says FSI leadership.
Commonwealth’s Bloom on Acquisitions: Firm Is Open, but Cautious
The independent broker-dealer's CEO says the firm is quite strict about what types of advisors and business it wants to add as it moves toward becoming a $1 billion firm.
Woodbury-Advisor Group Deal: A Recruiter’s Perspective
As far as acquisition matches go, the purchase of Woodbury by AIG could turn out to be one of the better retention purchases by the insurance giant.