Recruiting

Even with those challenges, rep productivity and client cash balances expanded in the third quarter.

The former wirehouse advisors specialize in financial strategies for high-net-worth clients, families and businesses.

The firm currently fields 40 teams, most of which have joined this year.

The No. 1 IBD is keeping up the recruiting momentum that’s sustaining record headcounts and billion-dollar moves.

Here’s how RIAs are falling short in their support for pregnant and new mothers and what they can do to change it, according to advisor Rianka Dorsainvil.

Meanwhile, the wirheouse’s advisor headcount ticks down and recruitment loans drop, again.

In order to avoid treating DEI as a fad, #DoingTheWork in wealth management ought to start with these critical steps, financial advisor Lazetta Braxton writes.

The move represents the third largest out of the IBD channel in 2020, according to company recruiting announcements tracked by Financial Planning.

The advisors are reuniting with a former Smith Barney colleague in one of the firm’s largest hires of the year.

Firms' legal brawls with departing advisors don’t exactly enhance their stature among clients. But there's reason to think this may become a thing of the past, writes recruiter Mark Elzweig.

Genstar Capital Managing Partner Tony Salewski spoke openly with advisors about the firm’s investment strategy for the IBD network.

Renewed recruiting efforts and pumped-up tech are boosting headcount and fee-based assets.

The additions are expected to include financial advisors and customer service agents, and represent a 15% increase in associates who focus on clients.

The No. 1 IBD’s 2,500-advisor bank channel will add 285 more reps when two massive investment programs affiliate next year.

The wirehouse plucked the trio from Wells Fargo

The regional BD picked off teams from Merrill Lynch, UBS and Raymond James in a (mostly) September sweep.

The company plans to expand services to the high-net-worth by doubling the number of its advisors, its wealth management head says.

The multigenerational group includes a grandfather, father and son.

The new recruits came at the expense of Merrill Lynch, UBS and Wells Fargo.

Charlie Scharf’s insensitive and factually incorrect remark perpetuates a damaging trope, financial advisor Lazetta Braxton writes.