Merrill Nabs $11M Team From UBS; Raymond James Recruits $1.8M Group From FiNet
Meanwhile, Morgan Stanley adds a $1.9 million institutional advisor from Merrill in Atlanta.
Billionaire Schorsch to Buy Investors Capital, Hatteras Funds
Real estate mogul Nicholas Schorsch continued his acquisition spree with the announcement that RCS would buy the IBD Investors Capital.
3 Reasons Advisors Are Wary of Alt Investments
In a new survey, State Street found that many advisors are still wary of alternatives. Should they be?
New Hire Roundup: Clearbrook Names Leslie Billet Managing Director
Deb Clarke has become Mercer's global head of investment research, and Bruce Graham recently joined CAPTRUST Financial Advisors as a vice president and advisor.
Genworth, Cetera Close Unit Sales Deals
"We are getting back to our roots," says Genworth Financial Wealth Management President and CEO Gurinder Ahluwalia.
New Hire Roundup: Dana McLaughlin Joins Beirne Wealth Consulting
This week in new hires, CLA Wealth Advisors added George Hostal, and Hartford Funds brought in Shaun McDonald and Dylan White.
BofA Puts Values-Based Investing in Focus
Bank of America said Tuesday that it was rolling out more products and services to help clients align their investments with their beliefs...
New Hire Roundup: FINRA Names Keenan, Weddle New Board Members
This week in news hires, FINRA appoints new board members; Gene Tannenbaum was named managing director of Lincoln Financial Advisors; American Century Investments promoted Chris Krantz and Jeff Bourke.
New Hire Roundup: Gamble Named Managing Director at F-Squared
This week in new hires, F-Squared Investments named Paul Gamble managing director, and Sean Curry and Kimberly Palleon moved up at BMO Global Asset Management.
Is Your Practice Big Enough?
As merger interest rises, it’s more important than ever to know what your advisory practice is—and can be—worth.