‘Brutalized’ Breakaway Brokers Speak Out: 7 Stories From the Road to Independence
From “pain and humiliation” to a “quite positive” experience, seven brokers tell ThinkAdvisor their stories of breaking away.
New Hire Roundup: Charlson to Head Morningstar Alternative Funds Research
Meanwhile, the American Benefits Council names new board members and officers, and CFPB adds experts to senior posts.
Raymond James Adds $100M Team; $84M Rep Returns to Securities America
The team joins from Wells Fargo, while the advisor comes back after departing from Valmark Securities.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2013
Some of the largest companies turn in unexpectedly weak results, with one BD reporting its first loss under its star CEO.
Raymond James Tops Estimates as Profits Grow 40%
The firms says its operations are being helped by improved efficiency, especially in the IT area.
Web Expert Unveils Social Media’s Untapped Client Riches
Clara Shih is on a mission to help advisors win new clients, build stronger relationships with current ones and bolster their brands via “social selling.”
Raymond James Taps Morgan Stanley Manager for San Diego Post
The broker-dealer hires the wirehouse veteran to boost its employee advisor channel in Southern California and also releases August performance figures.
RIA Growth Inevitable as Brokers Go Indie: S&P Capital IQ
Brokers’ move to independence is one of the fastest growing trends in wealth management, and RIAs are poised for more growth, S&P Capital IQ says.
Raymond James Gives Advisors Access to New Social Media Platform
Financial advisors are transitioning to the social media marketing and compliance platform Hearsay Social over the next month or so, the broker-dealer says.
BD Stocks Blowing Away Indexes
The Dow Jones Industrial Average and the Standard & Poor's 500 indexes rose roughly 12%, excluding reinvested dividends, in the first half of 2013. Many broker-dealers fared even better.