Financial Advisor Blog - Page 103 - Financial Advisor Transitions

Advisor Productivity Rises As Ranks Decline at Wirehouses

February 22nd, 2022

Wirehouse advisors are becoming more productive and more productive on average than the largest RIAs.

Securities Regulator Charges Purshe Kaplan Over Leveraged ETF Transactions

February 21st, 2022

According to an administrative complaint filed by Massachusetts securities regulators, Purshe Kaplan Sterling Investments (PKS) failed to supervise...

Bank of America Plans to Return to Office by March 1

February 18th, 2022

According to an internal memo, Bank of America (BoA) plans to have all vaccinated employees working in the office by March 1.

Morgan Stanley Top-Ranked Advisor "Permitted to Resign" Over Account Cod...

February 17th, 2022

According to regulatory filings, Joshua P. Gully, was permitted to resign after allegations related to miscoding of trades.

Wells Fargo Will Return to Office March 14

February 16th, 2022

Wells Fargo & Co announced that it will begin bringing employees back to the office in March after several COVID-19 related delays.

Commonwealth Launches Coaching Program For Next-Gen Advisors

February 15th, 2022

According to AdvisorHub, Commonwealth Financial has unveiled a year-long program for next-gen advisors.

U.S. High-Yield Rate Hits Record Low

February 14th, 2022

Currently, the U.S. high-yield rate is at 0.3 percent -- the lowest it has been since 2001.

SEC Proposes New Rule to Address Cyber Risks

February 11th, 2022

The Securities and Exchange Commission (SEC) released for public comment a proposed regulation that would require advisors to adopt and implement w...

SEC Proposes New Rules for Private Fund Advisors

February 10th, 2022

If finalized, a new proposal would implement sweeping mandates on private fund advisors.

Productivity Among Wirehouses Grow as Headcount Shrinks

February 9th, 2022

According to a report issued by Cerulli Associates, advisor productivity, as measured by assets under management, grew year over year by 14.4 perce...