Industry

So far this year, Janney has onboarded 36 financial advisors. The newest team managed more than $290 million in client assets.

Hiring choices are having a ripple effect on compensation.

As the fee-based financial planning network adds more members and rolls out new services, some members raised questions about its ongoing business strategy.

Tech is making it easier for advisors to break away, but navigating the complex vendor landscape can be challenging, says the firm's director of RIA practice management.

The independent broker-dealer has launched subsidiary Bluespring Wealth Partners, which promptly snapped up two practices with $550 million in client assets.

The wirehouse has experienced attrition while the regional BD has been on a hiring streak.

“Impacted positions span all staffing grades, as well as organizations and locations across the company," the company says.

Revenue numbers take a back seat to cultural and leadership intangibles when selecting a partner who will preserve your firm's value and carry it into the future.

After an investigation into the self-disclosure of regulatory incidents, the board is looking to strengthen the review process and clear up public confusion.

Interest in acquiring advisory firms appears to be at an all-time high.