Industry

New KMS Financial Services CEO Erinn Ford’s team has attracted 28 advisors in 2019.

The changes follow the firm’s recent move to cut some client fees on separately managed accounts.

The ensemble and enterprise pickups came after the No. 4 IBD added 70 advisors in the first nine months of the year.

Two of the new hires have more than 20 years of industry experience each.

The wealth management unit took in lower revenue from the year-ago period — but executives say its transformation is going according to plan.

Two dozen advisors left the wirehouse in recent months to join the regional BD.

I had a strong opinion. Then our reporting changed my mind.

Raising the assumed age for decumulation to 67 from 65 could dramatically reduce the percentage of families at risk, an expert says.

With tens of thousands of certificants affiliated with giant BDs, the documents required by the new standards are making their conflicts of interest plain as day.

It’s the sixth team to join JPMorgan Chase’s boutique brokerage in 2019.