Carl Richards launches a not-so-secret society, Morgan Stanley high-earner leaves for Merrill Lynch and a Colorado financial advisor is arrested for stalking a teenage girl.
The firm’s acquisition of WealthTrust, an RIA with $6.4 billion in assets, demonstrates the power and attractiveness of the independent model, as well as the evolution of HighTower's strategy.
Advisors must fundamentally rethink their business over the next 10 years, or risk becoming extinct.
Uncertainty over the Trump administration's handling of the fiduciary rule has put JPMorgan's plans on hold.