First Data Investors Services Group has completed a new 80,000 square-foot facility in King of Prussia, Pa. for transfer agent operations. About 200 employees are being transferred there from other sites throughout the First Data investor services system, which operates in Massachusetts, California, Florida, Georgia, Maryland, North Carolina, Pennsylvania and Virginia. First Data now has two facilities in King of Prussia and employs more than 400 people at both sites. It hopes to expand to a total of 800 through relocations and new hires.
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Nearly two-thirds of advisors surveyed this month said that internal training programs or workshops were offered by their firms.
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The 260 advisors in Huntington's wealth unit will now turn to Ameriprise for brokerage, advisory and insurance services previously provided internally.
February 6 -
Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.
February 6 -
Financial advisor Drew Boyer turned an accidental acceptance from a fire chief into a successful niche serving firefighters and police officers.
February 5 -
Private equity-backed M&A activity has steadily risen. Owners may do great in a sale, but what about advisors lower in the organization?
February 5 -
With unfounded rumors spreading that Osaic was about to buy its rival Cetera, a Texas-based headhunting firm started calling advisors to see if they wanted to move. Other industry recruiters say that crossed an ethical line.
February 5




