Recruiting

It’s another high-profile addition for the firm led by ex-Morgan Stanley executive Greg Fleming.

Macroeconomic trends and matters of convenience will move advisors, assets and markets next year in the ever-changing wealth management space.

Six major trends to watch next year include M&A and the breakaway broker movement.

It’s the latest losses for the wirehouse, which has suffered from advisor attrition.

Demand for advice is exceeding capacity as about 150,000 prospective clients have reached out to the firm this year alone, Ric Edelman says.

Wirehouses will begin transforming their business models to mirror the bank channel in many way, says industry recruiter Mark Elzweig.

The duo previously spent a decade and a half with Oppenheimer.

The regional firm launched its seventh new office this year.

The broker-dealer has also appointed a new northeastern regional director for its independent contractor division.

Ameriprise scores big in its latest round of recruiting.