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"LPL is a different place than when we started there 11 years ago," says CBD Wealth Management partner Robert Comeaux, Jr.
June 29 -
Over the past six months, three trends have emerged that make going independent increasingly attractive to these billion-dollar teams.
June 26 -
Pablo Sanchez will lead the bank's U.S. retail banking and wealth management business and have oversight responsibility for the same business in Canada. He joined HSBC from J.P. Morgan Chase.
June 25 -
Two advisors left the wirehouse to join the large regional brokerage, representing the latest in a recent string of mega teams that have switched firms.
June 24 -
Two brothers working for Merrill Lynch, where they had overseen $620 million in client assets before making the move, join the rival wirehouse.
June 24 -
Two recruits joined the regional brokerage from rivals Merrill Lynch and Wye Financial & Trust.
June 24 -
The bank's U.S. brokerage unit which focuses on ultrahigh-net-worth clients snags a new branch manager.
June 23 -
The three advisors all joined the super-regional firm from Janney Montgomery Scott.
June 23 -
The concentration of CFAs in Abu Dhabi speaks to the power of an array of sovereign funds in the city charged with investing hundreds of billions of the nations oil-generated riches.
June 23 -
Robo advisors are gaining traction, especially among millennial investors, who are very sensitive to competitive pricing. Extensive automation will be needed to defend against them.
June 22 -
Goldman Sachs, which is looking to issue ETFs this year, hired BlackRock veteran Tony Kelly as head of product development for that unit.
June 22 -
More than two-thirds of brokerage and RIA executives say there aren't enough young advisors to go around, according to a Fidelity survey.
June 18 -
The wirehouse pulled in recruits from rival firms UBS, Morgan Stanley, J.P. Morgan and Barclays.
June 18 -
The new recruits had a combined $277M in client assets before making the move to the firm's employee and independent channels.
June 18 -
Firms seeking to cut a deal, whether buying or selling, need to understand these key considerations.
June 17 -
An advisor who oversaw $75 million in client assets left the wirehouse to join the super regional's independent channel.
June 17 -
Advisors should check to see if both their old firm and new affiliated firm have signed on to the industry protocol for taking client information.
June 17 -
Choosing a broker-dealer and/or a custodian is one of the most important decisions for advisors going independent. Here are five questions for each choice.
June 16 -
Aggressive transition packages, expiring contracts and deals adding up to a 400% payout for some advisors are helping wealth management firms recruit new teams.
June 16 -
Two former Goldman Sachs Group Inc. bankers are starting a hedge fund to profit from a void in bank lending.
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