Financial Advisor Blog - Page 2 - Financial Advisor Transitions

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Merrill Lynch Faces Class Action Suit Alleging Race and Gender Discrimin...

November 14th, 2024

Two veteran Merrill Lynch advisors, both Black women, filed a proposed class action against Merrill Lynch and its parent company, Bank of America.

Wall Street Year-End Bonuses Expected to Surge

November 13th, 2024

Wall Street professionals can expect a notable boost in year-end incentive payments for 2024, with most areas of the financial services industry ex...

AI in Wealth Management: Potential, Promises, and Caution

November 12th, 2024

A recent debate highlights concerns over AI platforms claiming predictive accuracy in market performance.

Maximizing LinkedIn for Professional Growth

November 11th, 2024

Financial Planning has compiled key insights from advisors on how to utilize LinkedIn effectively.

Merrill Lynch Urges Advisors to Justify Their Value to Clients

November 8th, 2024

Merrill Lynch is encouraging its advisors to reaffirm the value they bring to clients as industry-wide fee compression affects the wirehouse more a...

LPL Financial Reports Record Third-Quarter Earnings and Continued Growth

November 7th, 2024

LPL Financial reported a robust third quarter, posting record-breaking performance in several areas and surpassing earnings expectations.

LPL Financial's New CEO Outlines Growth Strategy Focused on Top Revenue ...

November 6th, 2024

Rich Steinmeier, newly appointed CEO of LPL Financial Holdings Inc., announced the company's focus on attracting high-revenue-producing advisors an...

B. Riley Financial to Sell Wealth-Management Assets to Stifel Financial ...

November 5th, 2024

B. Riley Financial Inc. announced it will sell part of its wealth-management business to Stifel Financial Corp. for up to $35 million in cash, aimi...

Citigold Enhances Recruitment Strategy with New Loan and Bonus Program

November 4th, 2024

Citigold has rolled out an updated loan and bonus package to attract high-caliber financial advisors to its wealth management business, aiming to s...

Raymond James Focuses on High-Value Advisor Recruitment Amid Rising Assets

November 1st, 2024

Raymond James Financial has shifted its recruitment strategy to focus on advisors with larger client portfolios, while total headcount growth has s...

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Blog

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Retail Alternative Investment Fundraising Sees 2024 Projections Raised t...

December 2nd, 2024

According to WealthManagement, Robert A. Stanger & Co. has raised its forecast for 2024 alternative investment fundraising in the retail channel fr...

Schwab's RIA Custody Strategy Fuels Its Growth

November 27th, 2024

Charles Schwab's advisor services business has become a cornerstone of the firm's success, with nearly $10 trillion in assets split evenly between ...

Gary Gensler to Step Down as SEC Chair

November 26th, 2024

Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, will step down from his role, coinciding with the inauguration of President-...

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