In this section we present key findings and insights from our survey questions on practice management and operations, including services offered, the most time-consuming activities, professional designations, custody relationships and documentation trends.
The number of wirehouse advisors switching broker/dealers has been in steep decline since June. In November, just 177 advisors in the wirehouse channel switched firms, the smallest monthly number all year, according to Discovery Database.
UBS’ Wealth Management Americas unit today unveiled a new compensation program that will reward the firm's biggest financial advisors for loyalty and growth. That’s a departure from other brokerages where compensation is typically...
Wells Fargo Advisors FAs are in a house of pain. Indeed, one of its predecessor companies, Wachovia Securities, has been near the bottom of the heap in our Broker Report Card satisfaction survey for the last five years. This year was no different...
Merrill Lynch advisors are usually a pretty happy lot, and that has not changed with the firm's acquisition by Bank of America, which closed on January 1. Respondents still feel they work for the top firm on Wall Street: indeed, 78 percent of Mer...
