Broker Exits Spur Recruiting Shift
The movement of financial advisors out of the wirehouses has continued in early 2012, experts say, and should put Merrill Lynch and Morgan Stanley on notice.
2012 IA 25; Investing in Russia; Tech and ROI: May Investment Advisor—Slideshow
May brings the 10th annual IA 25 (well, ninth if you don’t count our special 30th anniversary edition, “Thirty for Thirty,” in 2010), Investment Advisor’s editors’ pick of the 25 most influential people in the industry.
The 2012 IA 25
Some people ride a wave and some people, like the honorees of the 10th annual IA 25, create a wave.
Special Report: The 2012 IA 25
Throughout the rest of April and May, we’ll be publishing extended versions of each profile, including exclusive interviews, on AdvisorOne.
Elliot Weissbluth: The 2012 IA 25 Extended Profile
Some people ride a wave, and some people create a wave. Elliot Weissbluth is a creator.
Paychecks and Balances
You know a trend is well on the way to becoming business as usual when “independent” broker-dealers start jumping on the bandwagon.
Another Breakaway Merrill Advisor Heads to HighTower
Mike Papedis of HighTower’s business development unit says the addition of Charles Holt to the Pagnato-Karp Group shows how compelling the RIA business model is to individual advisors.
HighTower’s Weissbluth: ‘Brokers Are Butchers; Fiduciaries Are Dietitians’
Elliott Weissbluth’s two-and-a-half minute whiteboard animation video recently posted on YouTube calling brokers “butchers” and fiduciaries “dietitians” is drawing quite a bit of attention.
Merrill, Morgan Talent Drain Needs Response, Expert Says
As more brokers move to independence, the wirehouses are left fighting over remaining reps.
Billion-Dollar Merrill Private Banking Team Joins HighTower
The $1 billion Merrill Lynch private banking team joined Chicago-based RIA HighTower’s New York office on Friday.