Newly minted advisors, fresh out of training program, more often fail than succeed. Add a credit crisis, a market crash and a recession to the mix, and most green FAs quit before year one is up. Here's a handful who are bucking the odds.
Edward Jones today announced the sale of its U.K. business operations to Towry Law, an independent wealth management firm based in the U.K., for an undisclosed sum. The operation was simply too expensive to operate, and only accounted for about 1...
Advisor CornerQuestion: If you could reverse time and change anything about your career, what would it be? Name: Kelly Hindman Firm: Edward Jones in Carmel, Ind. Years in business: 13 "I would listen to my heart and trust my instincts in...
Sure, stocks have been on a tear since March. But the S&P 500 is still off by 7 percent over the last 12 months. Not surprisingly, assets held at wealth management houses have shrunk by a $3 trillion (to $10.8 trillion) in 2008, according to data...
JD Power & Associates finds that the strength of the advisor relationship with clients is the biggest factor influencing client opinions of the advisor’s firm and their own portfolios
With the past year’s decline in the markets, assets are shrinking in the wealth management business. But some quarters of the industry are feeling it more than others—namely the wirehouses—says a new report from the Boston-based...
FAs, you better be at the top of your game. An investor’s relationship with his financial advisor now drives his level of satisfaction with his firm and his portfolio more than anything else—including convenience, investment...
