New Hire Roundup: Christian Brothers Appoints Four
This week in new hires, Christian Brothers Investment Services announced four key appointments, and American Century welcomed Joseph Schultz.
Want to Hire Young Advisors? Let Them Work With People
The No. 1 role students want in a financial services firm is relationship management, a survey by Schwab Advisor Services found.
New Hire Roundup: Gail Cohen to Chair New York Bankers Association
This week in new hires, Porter Schutt and Bill Dugdale joined Brown Advisory, and Brian Major went to AlixPartners.
RIA M&A Grew 30% in 2012, With Most Deals Done by Big Firms: Schwab
National acquiring firms, like HighTower, Focus Financial and United Capital, remained the dominant buyers, with 25 of the 45 total M&A deals, Schwab reports.
Rollups Account for Majority of Advisor M&A in Q3: Schwab Report
With a quarter to go, year-to-date RIA mergers and acquisitions nearly match the value of all deals recorded in 2011. But the actual number of deals this year is still lower.
New Hire Roundup: New National Segment Leaders at Mercer Hammond
This week in new hires, Mercer Hammond named three new national segment leaders, National Advisors Trust brought in Joseph Morsman, and BKD Wealth Advisors announced internal promotions.
New Hire Roundup: TD Ameritrade Institutional Adds Dario
Also this week in new hires, Joseph Nader joined Wescott Financial Advisory Group; Will Proctor went to a new spot at Neuberger Berman; and more.
TDAI Names Dario Managing Director of Product Management
In this role, Jim Dario will lead the strategy for product development across core advisor offerings including technology, practice management and wealth management solutions, according to the company.
Boomers Show Employers What They’re Worth
Almost half of U.S. employers say they’re looking forward to their boomer workers’ extended careers as older employees continue working past age 65, a report released Tuesday by BMO Retirement Services found.
New Clients Drove Record Revenues in 2011: Schwab RIA Benchmark Study
Profits grew 14% at the median firm in 2011, mostly driven by revenue growth, while principal income was also up 5% at $341,000, according to the Charles Schwab 2012 RIA study.