Number of Active CFP Professionals Reaches All-Time High
Since 2007, the number of CFP professionals has grown more than 34%.
MainStay Taps ETF Veteran Bossen to Lead Institutional Intermediary Business
Bossen, formerly of State Street and Morgan Stanley, will focus on investment strategy, research analysts
Raymond James Wraps Up Purchase of Alex. Brown
The 193 wealth advisors at the boutique firm are now on the parent firm's platform, according to the head of the new unit.
Ex-SEC Whistleblower Chief McKessy Lands at Law Firm Phillips & Cohen
McKessy becomes a partner in the whistleblower law firm's Washington office.
Why Pro Athletes Squander Their Money; How Advisors Can Help
Former baseball pro and now CFP Erik Averill says few of his advisor peers have the skills to adequately serve professional athletes.
Cetera Replaces CEO Roth With Moore as RCS Bankruptcy Woes Fade
With the RCS Capital bankruptcy behind it, Cetera appears to be replacing a “wartime leader” with a “peacetime leader,” one observer says.
Recruiting Roundup: Pensionmark Draws $1B Group to Network
Other advisor teams and registered reps move to affiliate with NPC, Securities America and Capital One.
Where BDs Are Getting Their Best Recruits
The DOL fiduciary rule presents an opportunity for BDs to attract advisors, but it’s not the only factor driving growth in the rep force.
Will DOL Fiduciary Rule Drive RIAs to — or From — BDs?
Broker-dealers have an opportunity to ease RIAs’ compliance burden brought by the DOL fiduciary rule, the 2016 Broker-Dealers of the Year say.
Wells Fargo Advisors Adds $700M JPMorgan Duo in Tulsa
The bank's retail brokerage also says it has recruited a $100 million Morgan Stanley rep in Southern California.