Stifel Financial

In J.D. Power's annual survey, a significant portion of wirehouse and independent representatives said they're considering a move to another firm.

The headwind from equity volatility offset much of the increased business, but CEO Ron Kruszewski is bullish about rising interest rates.

Despite fewer incoming advisors, CEO Ron Kruszewski says the company’s pipeline is strong and extending to the independent channel.

In J.D. Power’s annual survey, independent and employee reps gave wealth managers a higher satisfaction index than last year.

The firm slimmed down its headcount slightly, even as it saw an uptick in advisor-related revenues from fees and asset management.

The annual full-service investor rankings picked a new winner for 2021 while tracking major generational differences.

With a new brand and new leadership, the firm hopes to tap into a burgeoning wealth management sector.

The new hires include industry veterans and they join a growing branch in Dallas.

The firm’s four new additions came from two wirehouses.

The former wirehouse team oversaw $1.15 billion and will staff a newly opened office for the regional BD.

The seven advisors managed more than $450 million in combined client assets.

The former broker allegedly also used his client’s money to pay bills at gas stations, grocery and hardware stores, according to the regulator.

This follows another August acquisition — an ex-UBS team that managed $1 billion in assets.

The advisors staff the regional BD’s 17th office in Michigan, where it has been on a recruiting streak.

They all spent over a decade at their former firm.

Three of the quartet join the South Dakota office, while the fourth is in Washington state.

The group had been at their previous firm for 14 years.

The regional BD is drawing advisors from coast to coast — even in states where the coronavirus is on the upswing.

One team is among the top producers in their region, and the other spent more than two years assessing potential employers.

Grid stretches, small account policy changes — it’s a lot to keep track of. On Wall Street’s annual compensation report is here to help.