Strong was put on the block in December after New York Attorney General Eliot Spitzer charged the company with improper trading and later extracted a $175 settlement from a civil lawsuit. In the aftermath, Richard Strong, founder, was barred from the securities industry.
Since acquiring Strongs $32 billion of assets and 911 employees, Wells has said it plans to rename the company and is still in the process of considering possible monikers.
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At the T3 Conference, leaders discussed how showcasing the value of the new tools can help advisors connect with clients.
With so many changes in how people communicate, the lead generation and conversion process seems daunting. But experts say RIAs have the opportunity to achieve big growth through sustained and focused investing.
Questions this season reflect confusion about 1099 income, new OBBBA deductions and retirement considerations, according to data from online expert platform JustAnswer.
A FINRA arbitration panel ordered Eileen Cure to pay back recruiting-loan debt and more after she was let over a "no Blacks" order she sent to her staff.
Nearly half of advisors polled said they use the AI tools in their practice. But the experts behind the survey estimated that the number is already much higher.
Journey Strategic Wealth President Penny Phillips said advisors who broke off from wirehouses and large brokerages are now returning to big firms. The winners will be partners who can welcome them without compromising their independence.
