Raymond James Program Grooms Associates for Advisor Roles
After a pilot program, the firm says it will look to train additional client assistants to boost the number of female reps.
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.
New Hire Roundup: OppenheimerFunds Makes Personnel Changes
Also in new hires, Snowden Capital Advisors adds a new vice president and controller while BrightScope has hired a new VP of data solutions.
In Surprise, Helck to Retire From Raymond James
Chet Helck, CEO of Raymond James’ Global Private Client Group and a company board member, said on Jan. 9 that he will retire in February. He has been with the firm for 25 years and will stay on as a special advisor through year-end as needed.
The Financial Advice the Next Generation Needs
Our target clients aren’t under 30. That’s not where the money is. But ignoring them and their situations is shortsighted in the extreme.
What Do Young Near-Millionaires Need? Advice. What Don’t They Have? Advisors.
Emerging millionaires may be risk-averse to a fault and lack financial plans. Less than half have an advisor, Fidelity found.
Raymond James, LPL Recruit Teams With $150M
The IBDs each add two affiliated reps — Raymond James in North Carolina and LPL in Georgia.
Vanguard Explorer Manager to Pass Baton; Good Tax News for Schwab ETFs
John Granahan plans to give up portfolio management duties to co-managers at year-end, as Schwab says its 21 ETFs have no capital-gains distributions for 2013.
Wells Adds 3 Teams with $4.5M as Rivals Nab Reps
Wirehouses are grabbing groups of advisors nationwide, and independent firms are acquiring new assets in Illinois.
New Hire Roundup: American Century Names New Co-CIOs
Meanwhile, Nicholas Lance joined OneAmerica, and Sebastian Gomez Abero was tapped to lead the SEC Office of Small Business Policy.