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.
Despite rampant speculation to the contrary, the SEC is not planning to write any new rules on broker recruiting bonuses, SEC spokesman John Nester told Registered Rep. magazine on Friday. At least one firm was already using the threat that...
Late this afternoon, two advisors from UBS’ downtown Houston branch, David Harris and Ann Deaton—principals of Harris Financial Group—resigned from the firm to join their former UBS branch office manager, Patrick Mendenhall, at...
Merrill Lynch released a new broker recruiting deal last month with two major changes. First, Merrill made it much harder for recruits to leave the firm: to receive all of their recruiting bonus money, new hires must now stick around for 14 years...
Our Broker Report Card Survey has turned 20 years old with the publication of the report online (RegisteredRep.com) on Dec. 1. Twenty years is a long time, which is why we still use the archaic name out of respect for tradition. The 887...
The major full-service brokerage houses are in various stages of recovery, whether from the financial crisis or merger integration. How are they doing? Check out our 20th Annual Broker Report Cards.
Ria firms are beginning to see some recovery in revenue, but profit margins haven't picked up. Firms are turning to technology for new efficiencies as they look for growth.
Joe Triarsi, managing director and head of J.P. Morgan's Broker Dealer Services business (www.jpmorgan.com/bds), board member of J.P. Morgan Clearing Corp. and member of the firm's Operations, Client Review and Global Equities Executive Committees...
As technology goes, so goes the San Francisco Bay Area wealth management market. And business at tech companies, especially Internet-based firms, is booming. Palo Alto-based Facebook, which already has more than 500 million users around the world...
Barclays is remaking the old Lehman Brothers and hiring aggressively to become a major player in the U.S. high-net-worth market just as its rivals struggle to get back on their feet.