Financial Advisor Blog - Page 61 - Financial Advisor Transitions

Consequences For the Many Advisors Who Are Ignoring Succession Planning

May 1st, 2023

A report by Cerulli Associates revealed that there are 100,000 financial advisors controlling $10 trillion in client assets who are on the path to ...

Some Global Fund Managers Reducing UK Stock Exposure Along With US Exposure

April 28th, 2023

According to a recent global fund manager survey by Bank of America Corp., fund managers are reducing their exposure to British equities.

Atria To Acquire Grove Point From Kestra

April 27th, 2023

Atria Wealth Solutions, a private-equity-backed company, has agreed to acquire Grove Point Financial, a wealth management firm with $15 billion in ...

Steps Financial Advisors Can Take To Avoid Being Fired By Their Clients

April 26th, 2023

A Morningstar report based on feedback from 3,003 investors highlights that investment performance is not the primary reason clients fire their fin...

Charles Schwab Faces Major Risks Related To Its Zero-Fee Structure

April 25th, 2023

When Charles Schwab reduced its trading commissions to zero, it forced its competitors to adapt.

Wells Fargo To Conceal Its Advisor Headcount

April 24th, 2023

Wells Fargo has announced that it will join its wirehouse peers and no longer report its advisor headcount.

Advisors Frustrated With Hiring Freeze As B of A Focuses on Headcount

April 21st, 2023

Merrill Lynch is adhering to its parent Bank of America's enterprise-wide commitment to bar any increase in overall headcount.

Real Estate ETFs Struggle Alongside REITs

April 20th, 2023

Real estate exchange-traded funds (ETFs) are experiencing a 25 percent decline in returns as declines in the publicly traded REIT sector drag them ...

UBS Lays Off Client Associates At Multiple Branches

April 19th, 2023

Cuts to the client associate sector began in mid-March.

Advisor Group Considering Rebrand

April 18th, 2023

Advisor Group has announced its intention to rebrand as part of a push by the private equity-owned network of independent broker-dealers towards an...