Wealthmanagement.com's annual compensation survey found that one in three advisors work on a team, sharing clients and revenues, compared to the 47 percent of advisors going it alone. About 20 percent say they fall somewhere in the middle, workin...
HighTower and Focus Financial continue to snag advisors from the wirehouses. The HighTower Network picked up a Sacramento-based advisor team with $300 million under management from Merrill Lynch on Tuesday, while Focus partner firm LVW Advisors...
Only one-fourth (26 percent) of advisors started their professional lives in the industry; the majority came into the profession after spending time in another career, according to REP.’s annual compensation survey.
Of those career-changers, nea...