Merrill’s New Training Could Put Advisors in ‘Sticky’ Situation
The program is intended to help advisors with succession, but it could make it harder for advisors and clients to leave, Mark Elzweig says.
RCS, Schorsch Jump Into Crowdfunding
The real estate group plans to build the platform, We R Crowdfunding, with assets it's acquiring from Trupoly. Is this a savvy move for RCAP?
Wirehouses Held Prisoner in Broker Bonus Wars
Deals can reach as high as the 300% range, veteran recruiter Mark Elzweig says, and rumors of a truce are premature.
Perks of Going Indie: Recruitment Bonuses, Higher Payouts, Supportive CEOs
The world of independent RIAs and broker-dealers is wider and deeper than many advisors suspect. On Wednesday, a ThinkAdvisor trade show will help you navigate.
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.”
Recruiting Trends: Is Now a Good Time to Move?
Before you go independent or switch firms, consider these job-market factors.
Firm Valuation: There’s a Web App for That
CoreValue founder and CEO Chuck Richards says many advisors struggle when trying to do a quick and painless valuation.
Edward Jones ‘Not Altering Direction of Ship’ With Proprietary Fund, Says Exec
Still, the broker-dealer's move into the world of proprietary products is causing some experts to scratch their heads.
FA Satisfaction as Measured by J. D. Power
Satisfaction among independent advisors made a nice improvement over the past year, while that of employee advisors declined slightly, according to the latest J.D. Power and Associates 2013 U.S. Financial Advisor Satisfaction Study.
J.D. Power & Advisor Satisfaction: Behind the Numbers
While the results reflect a small number of advisors, they point to important trends that BDs ignore at their own peril, experts say.