The stock and bond volatility linked with the tariffs that President Donald Trump unveiled in April…
Tag: Recruiting
UBS loses headcount to Morgan Stanley, Raymond James
UBS continues to lose advisors to its industry rivals as Morgan Stanley, Raymond James and Rockefeller…
J.D. Power’s 2025 financial advisor satisfaction rankings
One of the most closely watched report cards in the fight to recruit and retain financial…
Pershing revenue rose in q2 due to asset appreciation
One of the industry’s largest clearing and custody firms suffered an outflow of $10 billion in…
Commonwealth loses a few advisors ahead of LPL deal
As LPL Financial’s purchase of Commonwealth Financial Network nears, a steady trickle of advisors are leaving…
How financial advisors should pick an RIA custodian
This is the eighth installment in a Financial Planning series by Chief Correspondent Tobias Salinger on…
Why advisor self-care is crucial to wealth management
The personal mental health and wellness of financial advisors and other wealth management professionals can often…
Raymond James grabs advisors managing $1.1B from Ameriprise
The Financial Industry Regulatory Authority has repaid $50 million to its members. The money comes as…
Should financial advisors be brokers, RIAs or both?
This is the seventh installment in a Financial Planning series by Chief Correspondent Tobias Salinger on…
Wells Fargo fails to claw back recruiting loan
When Robert Lansing Padgett found he wasn’t generating enough money to pay off a recruiting loan…
Study: Vast majority of advisory owners lack succession plan
A new study highlights a significant flaw in wealth management firms’ recruitment and development strategies for…
Snowden Lane Beefs Up Business Development, Recruiting Talent
Snowden Lane, a hybrid registered investment advisor and serial recruiter of wirehouse breakaways, is doubling down…
Stifel gets $2.1B team at Oppenheimer in week’s advisor moves
Stifel Financial is shaking up the wealth management business on the West Coast with its recruitment…
Financial advisors express doubts about giant RIA rollups
Competitive threats are lurking beneath the surface of the dominant industry headlines about the massive growth…
JPMorgan seeks restraining order for advisor at Wells Fargo
For the second time in a week, JPMorgan is suing a former advisor for alleged violations…
JPMorgan sues ex-advisor now at Morgan Stanley
JPMorgan is taking a Morgan Stanley financial advisor to court over allegations that she has inappropriately…
How departing financial advisors can avoid lawsuits
This story is the third in a series Financial Planning Chief Correspondent Tobias Salinger is writing…
Ameriprise’s lead recruiter sees future in advisor training
When it comes to bringing more young people into the industry, Brian Mora has found that…
When should financial advisors leave a wirehouse
This story is the second in a series Financial Planning Chief Correspondent Tobias Salinger is writing…
Cites with highest financial advisor pay increase in 2024
Labeling the financial advisor profession and the wealth management industry as “Wall Street” as a shorthand…
How financial advisors can avoid bad private equity deals
Private equity investors’ pitches to financial advisors often feature tempting bid prices and promises for the…
LPL Financial drops suit accusing Ameprise of defamation
LPL Financial is dropping a defamation suit it filed nearly two months ago against Ameriprise over…