Practice

The insurer-owned IBD identifies leaders in target markets as it offers independence “with a hug,” according to its head of recruiting.

The new additions include an advisor with five decades of experience in the business, plus his two sons.

The average employer match was 4.3% of pay, according to a 2019 Vanguard report.

“We started with 40 people just marching, and it turned into 15,000," an advisor says.

Owl Rock plans to give up to $250,000 in interest-free loans to those impacted by the coronavirus and other economic and social crises, its co-founder says.

From fruit baskets to operations, financial advisors can tap into a range of ideas in a time of remote work.

Clients are gravitating toward the “biggest, stable institutions,” says Morgan Stanley CEO James Gorman.

Hailing from Merrill Lynch, Edward Jones and Waddell & Reed, the advisors join as both employees and independents

The newly independent advisor oversaw $92 million in client assets.

The 18-month project is part of the $3 billion that Bank of America allocates annually to new technology initiatives.