Alternative investments were not spared last year’s market tailspin, but there’s been a notable comeback in returns on some alternative categories this year. Meanwhile, advisors and investors are more convinced than ever that...
Over the past year, branch managers have kicked their recruiting efforts into high gear as more financial advisors looked for new homes. But successful recruiting also requires making sure that new hires do a good job once they take their seats. A...
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...
As the breakaway broker market heats up, RIAs have begun picking off BOMs
One broker/dealer firm has established a reputation for true independence – as a place for advisors to flourish, personally and professionally: Raymond James. Advisors choose Raymond James because we do things differently. We treat you as our...
Wirehouse reps are increasingly looking beyond Wall Street firms these days. The proportion of wirehouse advisors switching to another has fallen steadily over the past year, while the number going to independent b/ds and RIAs, as well as to...
Three financial advisors who broke even or better last year despite the devastation in the markets.
The independent channel says it’s seeing more interest from bigger, better quality advisors than ever before. But independent reps still generate far less revenue than advisors at Wall Street firms.
Raymond James Financial posted improved earnings in its fiscal third quarter compared to the second quarter, but results were ugly when compared to last year’s third quarter, which represented a record across all business segments, including...