Culture can be a topic that is both hard to define and easily recognizable at the same time. When advisors at each of the wirehouse organizations are asked in surveys about their respective “cultures” – they are either all in or hedging their bets.
None of Wells Fargo, UBS, Merrill Lynch or Morgan Stanley exist in a vacuum, and they certainly compete with more than just one another, yet they principally compare themselves with one another—as does the media.
While Merrill Lynch and parent company Bank of America still have issues that need to be addressed, there are some key segments where they are not only getting it right but are downright leading in their category.
As the industry so boldly moves away from the 1999 way of thinking, here's a look at the different way that you can choose, as an advisor, to leverage your brand and either actively or passively reach out to clients and prospects.
What is Wells Fargo attempting to be in the context of wealth management? A bank brokerage? An independent shop? A full service platform? An aggregate of a few different regionals over the past decade? You could make the case that they are all of these, but what now? What’s next?
There has been a significant amount of conversation over the past few months concerning the troubling demographics within the wealth management industry. Specifically, the fact that the industry is old, white and male
Columnist Andrew Parish detects an alarming amount of noise coming from the Bank of America/Merrill Lynch camp. The noise, he says, has begun to play a tune that sounds a bit like the cultural drift is taking its toll throughout both the advisor and management ranks.
Is JP Morgan the sleeping giant of wealth management in the U.S.? Fully digesting the Bear Sterns acquisition, JP Morgan Securities has come of age as a HNW and UHNW organization, argues columnist Andrew Parish.
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Is the fear of going independent holding you back from making a move? Now available, research that dispels the myths of going independent. In this new report, we look at insight from financial advisors on what their fears were prior to making the transition to independence, and whether or not they were validated....More
The following words may pop into your head when you think about life settlements: Confusing. Privacy concerns. Questionably legal. Unregulated. Or just plain creepy. Some of these ideas about life settlements stem from real concerns, while others are based on misconceptions or outdated information....More
Top financial advisors like you are continually looking for ways to protect and strengthen their practice. Attend our webinar to learn about four best-practice pillars for building a solid foundation for your practice....More
The top articles from the 2014 issues of the Investment Management Consultants Association® (IMCA®) Investments & Wealth Monitor demonstrate the range and depth of content IMCA has become well known for providing....More