Raymond James Adds 2 Ex-Wells Fargo Teams
This news follows the successful recruiting of groups from Merrill Lynch, JPMorgan and Stifel Nicholaus.
Merrill Signs Ex-NFL Player to Head San Francisco Complex
Willie Thomas, a former Seattle Seahawk, has 20-plus years in the business and will lead nearly 200 reps.
New Hire Roundup: Envestnet Names Hardwick President of Advisor Services
Meanwhile, New York Life has appointed Kathleen Navarro its chief diversity officer.
FINRA Penalizes Merrill $2.4M Over Pricing of GM Notes
The fine and restitution are tied to markdowns of more than 10% paid to several hundred clients over two years.
Merrill’s New Comp Plan Pushes Reps to Drop Small Clients
Enhanced payouts will be offered to reps who bring in new high-net-worth households as smaller clients will be directed to Merrill Edge.
10 Big Economic Predictions for 2015: BofA Merrill Lynch
BofA Merrill Lynch Global Research released its annual year-ahead outlook, seeing strong fundamentals and robust growth in the U.S.
Tony Robbins Slams Critics, Says He’s Not a Financial Advisor
Supercoach Tony Robbins, who invites seminar attendees to walk over hot coals, is now raking RIAs over the coals for taking “pot shots” at him.
Hispanic, Minority-Owned Businesses an Untapped Advisor Opportunity
Advisor James Perez-Foster encourages advisors to start serving this fast-growing small business segment, as he has done with much success.
Merrill Grabs 6 Reps From Morgan Stanley, Others
The recruited reps have about $710 million in assets and $5 million in production.
Bernanke Recalls ‘Panic’ During Fed Tenure, Defends QE
Ben Bernanke, who during the depths of the financial crisis worked seven-day weeks, sometimes availing himself of an office couch to catch some sleep, is now in memoir mode, collecting his thoughts for an upcoming book and for an audience of thousands at Schwab Impact in November.