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.
It's a fact: The biggest financial advisors, in terms of assets under management, are wirehouse advisors. Actually, when we began this top advisor list back in September 2002, only a couple of spots were filled by regionals (Legg Mason, for...
The 81-year-old former chairman of the Federal Reserve recently signed on as a senior advisor at Deutsche Bank (at an undisclosed salary). Only time will tell how the economist who helped shape modern financial markets will fare steering a smaller...
Advanced Equities Financial Corp. hired Keith E. Gregg as president and co-CEO of its independent broker/dealer, First Allied Securities. Gregg, former executive vice president and chief sales and marketing officer of Dunham & Associates...
To do list: Get prom dress, pool party at Kristen's send terrorist mail to Goldman Sachs? The FBI is investigating terrorist threats against Goldman Sachs, sent to the media in two separate letters which may or may not have been penned by...
The last two years have seen a rash of acquisitions in the broker/dealer world, and more are sure to come. It's no secret that the resulting upheaval makes many advisors think about switching firms. But is that always the wisest choice? It depends...
Many years ago our research on the affluent led us to investigate wealth management teams. We turned our focus to teams simply because it became obvious that it was difficult (if not impossible) to manage the entirety of an affluent client's...
The Party of Roosevelt is talking a lot about taxes these days, about fairness and about how fat-cat hedge fund managers pay taxes at lower rates than school teachers (which, unless the fat cats are grossing most of their money on dividends, can't...
Registered Rep.: How'd you end up in Hawaii? John Robinson: My wife is from Hawaii. We married in 1996, and moved to her hometown of Honolulu. It was better for her career, and we thought it would be a good place to raise a family. RR: Is poi any...
You sell trust. You can talk all you want about your investment knowledge and prowess, your financial planning skills, but at the end of the day it all boils down to trust. Except for your odd punter-client, mostly you act as a personal guide to...
It's good to be an investment advisor rep these days actually for at least the next five years. According to a Pershing Advisor Solutions LCC and Moss Adams study, the number of retail-focused advisory firms will grow from the current 15,500 to...