Portfolio

"I don’t have one yet, but I want one," says Tom Halloran, president of Voya Financial Advisors.

Firms must offer them to tap new talent amid the industry’s succession problems, the custodian says.

The advisers previously worked at RBC Wealth Management, with one of them making the firm’s Chairman’s Council.

Second-quarter costs increased in almost every category for the asset manager including compensation and distribution.

While the firm's conquest of the money-management business may seem inevitable, it’s a mistake to extrapolate its recent success into the future.

The two advisers bolted in a quarter that saw their ex-firm lose 130 advisers.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

This is the second time Jefferies has poached Miami-based adviser talent from the wirehouse.

Depending on business mix, some advisers could see a pay cut.

In an effort to weather the assault from index funds, a Scottish firm cuts fees but bets that performance is still key to attract clients.