Best Advisor Firms Ranked by Advisors: J.D. Power 2012 Satisfaction Survey
By Joyce HansonAdvisors are happiest when they feel that management truly supports the firms stated values and client interests come first, says the J.D. Power advisor satisfaction study.
March 26, 2012
Another Breakaway Merrill Advisor Heads to HighTowerMike Papedis of HighTowers business development unit says the addition of Charles Holt to the Pagnato-Karp Group shows how compelling the RIA business model is to individual advisors.
March 26, 2012
Allied Beacon Launches Cabot Lodge in New York AreaThe new firm, an office of separate jurisdiction of Allied Beacon, will have branch offices in Manhattan, Princeton, N.J., and Long Island. It plans to hire 100 more advisors in the next two years.
March 23, 2012
Matt Lynch Moves to Tiburon From IBD-RIA Capital AnalystsMatt Lynch, former CEO of the independent broker-dealer/RIA Capital Analysts, is now a principal at Tiburon Strategic Advisors.
March 22, 2012
AMG Wealth Nabs Veritable Equity Stake in Big Succession Planning DealAMG Wealth Partners President John Copeland says Veritable managers who have made long-term commitments to their firm will hold a significant equity interest in the business.
March 21, 2012
Outsourcing the Back Office Across the GlobeNow that Lou Dobbs and other TV talking heads have mellowed on the outsourcing hysteria circa 2004, a sober look at the strategy, especially when it comes to the broker-dealer back office, is yielding positive results in efficiencies and cost containment.
March 21, 2012
Lawmakers Grill DOL’s Solis on Fiduciary Duty RedraftAt a House hearing, lawmakers took Labor Secretary Hilda Solis to task Wednesday over how the DOLs recrafting of its fiduciary rule is progressingspecifically on the timing of the re-proposed rule and the rules inclusion of IRAs.
March 21, 2012
Piling On Goldman While Obscuring the Big TruthWhat's been almost entirely missing from the frenzy is a discussion of why Goldman Sachs, according to Greg Smith, was not violating federal regulations.