Financial Advisor Blog - Page 38 - Financial Advisor Transitions

Merrill Lynch Urges Advisors to Justify Their Value to Clients

November 8th, 2024

Merrill Lynch is encouraging its advisors to reaffirm the value they bring to clients as industry-wide fee compression affects the wirehouse more a...

LPL Financial Reports Record Third-Quarter Earnings and Continued Growth

November 7th, 2024

LPL Financial reported a robust third quarter, posting record-breaking performance in several areas and surpassing earnings expectations.

LPL Financial's New CEO Outlines Growth Strategy Focused on Top Revenue ...

November 6th, 2024

Rich Steinmeier, newly appointed CEO of LPL Financial Holdings Inc., announced the company's focus on attracting high-revenue-producing advisors an...

B. Riley Financial to Sell Wealth-Management Assets to Stifel Financial ...

November 5th, 2024

B. Riley Financial Inc. announced it will sell part of its wealth-management business to Stifel Financial Corp. for up to $35 million in cash, aimi...

Citigold Enhances Recruitment Strategy with New Loan and Bonus Program

November 4th, 2024

Citigold has rolled out an updated loan and bonus package to attract high-caliber financial advisors to its wealth management business, aiming to s...

Raymond James Focuses on High-Value Advisor Recruitment Amid Rising Assets

November 1st, 2024

Raymond James Financial has shifted its recruitment strategy to focus on advisors with larger client portfolios, while total headcount growth has s...

Stifel CEO Confident in Advisor Recruitment Despite Headcount Decline

October 30th, 2024

Stifel Financial remains optimistic about the company's veteran advisor recruiting efforts, despite a nearly 1 percent year-over-year decrease in i...

Ameriprise CEO Claims Competitors Paying Too Much for Advisor Recruits

October 29th, 2024

Ameriprise Financial CEO James Cracchiolo expressed confidence in the company's recruitment approach despite rising competition and increased hirin...

Merrill Remains Consistent with 2025 Advisor Compensation Plan

October 28th, 2024

Merrill Lynch announced it will not make significant changes to its advisor compensation plan for 2025, according to Co-Head Eric Schimpf.

Rockefeller Global Family Office Expands with Major Merrill Lynch Team A...

October 25th, 2024

According to AdvisorHub, Rockefeller Global Family Office recently secured a 16-person team from Merrill Lynch, led by Christopher A. DiMedio, in a...