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.
There is no greater success for a wealth manager than rapidly reeling in new high-net-worth clients and winning a bigger share of those wealthy client’s wallets. But managing booming growth in a wealth management practice, or any business...
Brokerage firms won a round Thursday in an ongoing battle over what they can and can’t say about departing brokers on their U5 records. In Rosenberg vs. MetLife, the New York Court of Appeals ruled that MetLife had "absolute" privilege over...
Today, our subscribers will receive an invitation to fill out Registered Rep. magazine’s annual Compensation Survey. It's confidential and important. You can read a copy of the letter by clicking on the title.
RBC Dain Rauscher is in acquisition mode. The Midwest regional is set to purchase New Jersey-based J.B. Hanauer, an employee-owned firm with $10 billion in assets under management.
LPL’s acquisition last week of three Pacific Life Insurance Company broker/dealers was just one more step in its quest to for a successful sale of the company or initial public offering.
If you are a producing supervisor and work alone in a remote office, the NASD is sending you (and management) a special message: Exception reports alone may not be enough supervision. On Feb. 21, the NASD announced it had fined Raymond James...
Those are the words uttered by many independent reps who have made the leap from a large national full-service firm to independence. For so long, they say, independence was something they only dreamt about. The benefits of the independent life...
For several years, Regal Securities, a Glenview, Ill.-based brokerage firm, handled its clearing in-house. But, then the firm handed off the job of settling trades and other back-office functions to Fiserv. At first it was a relief having a large...
It is hard to believe that it has been two-and-a-half years since the inaugural Career Moves column, entitled Of Myths and Moving, was published in the September 2004 issue of Registered Rep. So much has happened in the brokerage industry since...
