Practice

Raymond James & Associates lured away an advisor team from Wells Fargo Advisors that generated annual revenue of about $2 million.

Every firm needs to determine the unique compensation plan that will work best for executives, staff and clients. These guidelines should help you get started.

Most of the new arrivals are employees of larger financial service companies, said president Scott Curtis, and about 25% are already independents.

Holding down clients' investment income can reduce exposure to the 3.8% surtax imposed on high-income taxpayers.

FINRA CEO Richard Ketchum praised one SEC commissioner for floating a new proposal to beef up examinations of the RIA industry independently of Congress.

Helping clients develop a game plan offers several advantages, says Raymond James' Paula Feinberg at Women Advisors Forum in Dallas.

The firm lures three separate teams who manage a total of more than $500 million in client assets.

Holding down clients' investment income can reduce exposure to the 3.8% surtax imposed on high-income taxpayers.

Securities Industry and Financial Markets Association president and chief executive officer Kenneth Bentsen criticized recent efforts by the Securities and Exchange Commission to further regulate the muni market, telling issuer officials on Tuesday that a new rule and initiative could undermine productive relationships between municipalities and underwriters.

UBS grabbed a former Merrill Lynch advisor who managed $500 million in client assets.