Andrew Welsch is a former managing editor of Financial Planning.
- Senior advisors say they've discovered they can be the best recruiters for landing a younger partner, and one who might one day inherit their business.Sponsored by Quest Diagnostics
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How the wirehouse and a new training program will bring in 1,500 new recruits.
July 30 -
The firm pursued the advisor for a bonus clawback while the advisor in turn sought damages for alleged discrimination and breach of good faith.
July 27 -
For the third time in the past year, the wirehouse discharged a long-time advisor with a big book of business, this time alleging "inappropriate workplace behavior."
July 23 -
The departure comes as the British firm prepares to transition its advisors over to Stifel, which is acquiring Barclays wealth management operations.
July 23 -
Recruiting stayed strong as Raymond James reported a 6% increase in quarterly profits for its wealth management unit year over year.
July 23 -
The SEC, not the Department of Labor, should "be driving this train," says SIFMA CEO Ken Bentsen.
July 20 -
Banking products and lending services helped boost the firm's bottom line even as advisor headcount continued to fall.
July 20 -
Will the trickle of advisors leaving Barclays for rival firms turn into a flood?
July 20 -
The advisor managed nearly half a billion dollars in client assets while at Barclays.
July 17 -
Two UBS advisors left the Swiss-owned wirehouse to rejoin Merrill Lynch.
July 16 -
Though the firm's revenue growth was tepid, the advisor ranks at the wirehouse expanded by 187 advisors, according to Bank of America which reported second quarter earnings for its wealth management unit.
July 15 -
Only 22% of affluent investors say they are familiar with what a robo advisor is, according to a new poll.
July 15 -
After announcing 11% growth in net income for the wirehouse's brokerage unit, Wells Fargo executives told analysts that they are thinking of launching a robo advisor.
July 14 -
Barclays lost another team, this time to Morgan Stanley, while its deal to sell its U.S. wealth management operations to Stifel is pending.
July 14 -
The wirehouse rolled out a new advertising campaign aiming to bolster its image in the eyes of clients as a goals-based wealth management firm.
July 13 -
Taking on the clients from a retiring advisor can be a huge boost for business but successfully doing so is a difficult and time-consuming process.
July 10 -
Paul Reilly calls for more cooperation between regulators and the industry.
July 10 -
Adding a young advisor can boost business, but integrating a newcomer into a practice takes patience.
July 9 -
Tash Elwyn, president of Raymond James & Associates, says recent recruiting milestones have "triggered a number of inquiries" from advisors thinking of making a move.
July 8

