Andrew Welsch

Eaton Vance and E-Trade deals expected to boost the firm’s performance.

Client acquisition was down compared to 2019, but still higher than in years past.

The firm’s aggressive hiring streak continues with the onboarding of several wirehouse advisors.

The group leader, advisor Lars Olson, had been with the wirehouse since 1994.

Policy changes could deprive some politicians of significant campaign funds.

The new additions join a set of big hires at the wirehouse.

The UHNW unit signed advisors managing a combined $3.7 billion this year and committed to maintaining a physical presence in its New York headquarters.

Like its largest rivals, the wirehouse kept grids at par after a tumultuous 2020.

The regulation permits more exemptions from fiduciary duties, but may itself be replaced by the incoming Biden administration.

It’s the second-biggest hire of the year for the wirehouse.

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

After a volatile year, advisors get a reprieve when it comes to payout changes.

Regulatory shifts, M&A, new technology — there’s a lot on the horizon for the industry.

Alterations include higher hurdles for cash pay, a grid stretch for deferred compensation and new bonuses.

Brian Truscott oversaw more than $330 million in client assets.

The firm also added a new unit to accommodate its dramatic advisor growth — from one to 140 in seven years.

The new hires generated approximately $5 million in production before making the move.

Nate Angelo will be responsible for 137 advisors who manage roughly $20 billion in assets.

The wirehouse is also tweaking pay related to cash solutions for clients.

Fake name, phony credentials, Ponzi-like payments but real victims — this is what authorities are saying about this business.