Compensation
Compensation
-
In sessions at the CFP Board’s annual Diversity Summit, executives, academics and a member of Congress called on more firms to follow Merrill Lynch’s example.
November 17 -
The firm’s head of acquisition, strategic growth and retention discusses how the wirehouse aims to expand among historically excluded groups.
November 17 -
Morgan Stanley is introducing an initiative to draw more young people from diverse backgrounds to the finance industry, furthering its outreach efforts a week after appointing to the bank’s board its first woman of color.
November 17 -
A nonprofit research group compiled a growing list of products amid the question of whether the deluge of information and resources will result in systemic change.
November 11 -
With no standard definition of what constitutes a socially responsible investment, the SEC is looking to police funds and protect investors.
November 11 -
A college professor and investment firm partner views real estate and venture funding as a crucial means of building generational wealth.
November 10 -
Employers surveyed last month expect about half their staff will return on an average weekday by the end of January — most expect employees to spend fewer than four days a week in the office.
November 10 -
The midsize firm’s headcount fell for the fourth straight quarter, even as nearly every other key metric expanded from the year-ago period.
November 5 -
The service lifted the limit from $19,500 as part of its annual inflation adjustments.
November 4 -
The startup founder shares the key lessons learned from remote work and what led to the creation of a new FPA Knowledge Circle group.
November 3 -
After a $70 million fundraising round, the company also plans to begin offering HSAs and emergency savings.
November 2 -
Advisors and clients can now track the performance of companies moving away from the “toxic and dangerous ways” of the past, according to the founders.
November 1 -
As independent wealth managers pitch potential recruits on their scale, the IBD network built tools and hired “growth officers” to work with practices.
November 1 -
Hundreds more financial advisors have flocked to the wealth manager this year, driving new highs in headcount, client assets and several other metrics.
October 29 -
CEO Ron Kruszewski predicted its independent arm will grow the way the employee brokerage has since the firm hired its first financial advisor in 1997.
October 28 -
The wealth manager’s financial advisor headcount is rising, along with the productivity of their practices.
October 28 -
One firm made three small changes that could appeal to brokers, while the other company’s overhaul will make it more closely resemble its competitors’ setups.
October 27 -
The public record designed to give clients a means of researching their advisor has no mention of some allegations, such as those against Eileen Cure.
October 25 -
Seven former Wells Fargo Private Bank planners left to join a firm seeking to expand where they say large banks and brokerages have pulled back.
October 22 -
A quartet of advisors with $400 million in assets chose the independent firm out of many suitors.
October 22

















