Wells Fargo Adds Morgan Stanley Reps; LPL Picks Up Team From JPMorgan
Also, an LPL affiliate forms an RIA partnership to attract new reps to its network.
Janet Tavakoli: Sequel to Wall Street Horror Show Is Coming
Janet Tavakoli talks to ThinkAdvisor about three banker suicides, why another global meltdown is coming and how JPMorgan CEO Jamie Dimon holds onto power.
Raymond James Adds Complex Managers, FAs From Wirehouses
In addition, it taps a marketing veteran to lead its Network for Women Advisors, which has more than 800 FAs.
Baird Adds $350M Ex-Schwab Rep
Meanwhile, Raymond James and Ameriprise pick up teams from Morgan Stanley and Stifel.
Morgan Stanley CFO to Leave for Google
Ruth Porat will take the same position at Google and will be one of the few female top executives in Silicon Valley.
Hennessy Funds’ Chief Sees Dow at 20,000, ‘Loves’ Japan
With the yield on the Dow at nearly 2.2%, Neil Hennessy says he’s “not going out on a limb” in forecasting a continuance of the bull market.
Raymond James Recruits 3 Wirehouse Teams, $875M in Client Assets
Meanwhile, Morgan Stanley and Merrill Lynch grab advisors from each other in the latest recruiting push.
Ric Edelman: What’s Wrong With IRAs, 401(k)s, and the Industry That Sells Them
The outspoken Edelman talks to ThinkAdvisor about how Wall Street preys on investors, the unconventional structure of his practice and why he opposes mutual funds.
New Hire Roundup: NAPA Announces New President
Also in new hires, Jeffrey Boujoukos was named by SEC as assistant regional director in Philadelphia.
Raymond James Helps $1.1M Merrill Team Go Indie
Baird adds a branch manager from RBC, and the Retirement Benefits Group welcomes an ex-LPL Financial advisor.