Merrill, NewEdge Advisors, Morgan Stanley, RBC Wealth Management and Raymond James all figured this week on the losing or winning ends of big recruiting deals.
Meanwhile, LPL Financial —
Merrill, NewEdge Advisors, Morgan Stanley, RBC Wealth Management and Raymond James all figured this week on the losing or winning ends of big recruiting deals.
Meanwhile, LPL Financial —
Industry experts say there's theoretically no reason why firms can't keep getting bigger through recruiting deals. But a lack of good M&A prospects could make growth harder for LPL and other independent broker-dealers.
Laura Sullivan stands accused of accessing confidential customer data and violating a nonsolicitation agreement by bringing along at least 15 client households.
A softening stance from the Trump administration could lead to a rise in the availability of cryptocurrency investments in 401(k)s. While some plan sponsors are considering crypto, they emphasize that investor demand will play a significant role in their decisions.
With concerns about compliance and client connections, some financial advisors find that double-checking AI can negate the time savings they're hoping for.
Wealth.com has built a client roster of more than 1,000 wealth management firms and several big-name backers. Now it's launching a yearly industry event.
A unique mutual fund type is gaining ground with advisors, according to the FPA's newest survey. Advisors say the data points to a broader trend of planners shifting away from investment management.