Organization Root Tag

Only about 14% of financial advisors are female. Here’s advice from those who want to bridge that gap.

The No. 1 IBD’s Focus conference drew 4,000 advisors, but it faces friction ahead in its ongoing expansion.

The new recruits include a father-and-son duo in Orlando.

The demands come following a Financial Planning investigation revealing how JPMorgan’s Chase Private Client group used false evidence to get rid of an advisor.

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.

In addition to launching an automated investing app, the bank created a dedicated advisor unit to provide personal service to customers when they need it.

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

Narrowly focused investment strategies are a recipe for “feast or famine,” an analyst says.

“As we’ve gone through various crises, we’ve still told clients to stay invested and not get out of U.S. equities, it’s too early,” said Sharmin Mossavar-Rahmani, CIO for Goldman’s Private Wealth Management.

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

The rule unfairly gives brokers a leg up in the marketplace, harming the network’s 1,000 independent advisors, the firm claims.

They’re grinding forward with changes, even as complicating factors emerge ahead of when the rule takes effect next year.

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

Elias Herbert Hafen, “every client’s worst nightmare,” could face years in jail. The wirehouse says it is repaying clients.

The firm’s new additions include three brokers previously affiliated with Wells Fargo Advisors.

Even though many of its members weren’t satisfied by the SEC’s rule, NASAA praises the inclusion of a requirement to consider costs in a recommendation.

It’s the latest victory for brokers fighting to reclaim pay withheld by a former employer.

Investment in technology and data management is becoming increasingly critical to distribution, and to managing regulation, reporting and operations.

Following a plea agreement, Bradley Mascho is sentenced for his role in defrauding investors of more than $20 million.