Charles Paikert

It looks like the CFP Board of Standards isn’t getting into the business of becoming a continuing education program provider -- at least for now.

It’s all about the story – if you want to attract and retain more women clients an advisor consultant told attendees at the Schwab Impact conference.

Wealth management firms seeking to recruit new advisors need to first develop a clear business strategy, executives tell attendees at Schwab Impact conference.

The new model has to be able to serve clients "any time, any place and anyhow," said Bernie Clark, the head of Schwab Advisor Services at the financial service giant's annual Impact conference in Washington, D.C.

Demand is high for experienced executives across all channels. While advisor migration to independent RIAs remains the dominant trend, large wirehouse and bank players are also very much in the game for talent.

Banyan Partners,the $4.3 billion Palm Beach Gardens, Fla.-based RIA, wants to hit $10 billion in assets in the next three years, establish a national brand and secure significant wallet share in both the high-net-worth and multifamily office markets.

After spending 13 months conducting “extensive due diligence research on the top 50 independent broker-dealers,” Householder Group decided that LPL, the nation’s largest independent broker-dealer, was best suited to support the firm’s “next chapter of growth.”

Laurie Belew, an FPA member since 2004, will be the 2014 FPA president-elect of the association's NexGen community for members age 36 and younger.

What, exactly, do high-performing advisory firms do differently than their less successful peers?

LPL Financial broke out of its recruiting slump in the third quarter, adding 154 net new advisors, nearly five times as many as the previous quarter.

The firms have been sanctioned by the SEC for violating the custody rule that requires them to meet certain standards when maintaining custody of their clients’ funds or securities.

The Opsahl Group, led by senior advisor Joseph Opsahl and advisor Chris Hatfield, is leaving Merrill Lynch’s Private Client Group to work with True, a key Dynasty Financial Partners firm in the Pacific Northwest.

Research conducted over 50 years on judging deception showed that the odds of accurately detecting lies are only “marginally higher” than pure luck.

Three investment advisory firms have been sanctioned by the SEC for repeatedly ignoring problems with their compliance programs.

At a panel at the national FPA conference, as well as in a new report from top study group aRIA, advisory firm executives spill their best human capital tips.

In seven years, Focus Financial has grown to $65 billion in AUM from $3 billion. CEO Rudy Adolf shares the company’s growth strategy.

If you’re breaking off from a larger advisory firm to go it alone, consider a specialty practice, say advisors.

The CFP Board “cannot justifiably act as both a regulator for continuing education providers and as a CE provider themselves,” FPA president Michael Branham said to a burst of applause Sunday at the general session of the association’s annual conference.

Financial planning “is still a relatively young profession with a lot of growing pains,” according to the incoming president of the FPA.

Large firms are targeting smaller “lifestyle” advisors who want to remain independent but need resources, guidance and business support from the “substantial ecosystem of solutions” that are now available.