Financial Advisor Blog - Page 64 - Financial Advisor Transitions

Hightower's Strategic Realignment Leads to 5% Workforce Reduction

October 4th, 2023

Chicago-based Hightower has downsized its workforce, reducing its workforce by 5%.

Morgan Stanley Toughens Earnings Targets for Financial Advisors

October 3rd, 2023

In 2024, Morgan Stanley's 15,000 financial advisors must generate more revenue and work harder to maintain their current take-home pay.

U.S. Capital Advisors Terminates Billion-Dollar Advisor Over Unearthed B...

October 2nd, 2023

U.S. Capital Advisors has terminated David M. Harris, one of its largest producers, after discovering his plans to start his own firm, as reported ...

LPL Expands Succession Program for Wirehouse Teams and Independent RIAs

September 29th, 2023

LPL Financial is expanding its succession program to include wirehouse teams and independent RIAs.

NASAA Unveils Updated Exam Preparation Guides

September 28th, 2023

The North American Securities Administrators Association (NASAA) released new study guides for candidates who want to take the Series 63, Series 65...

Wells Fargo's $1 Billion Transformation Directed at Financial Advisors

September 27th, 2023

Wells Fargo & Co. has spent nearly $1 billion over three years attempting to attract hundreds of financial advisors to join its independent platform.

Edward Jones Emphasizes Teaming and Technology

September 26th, 2023

Edward D. Jones & Co. is reorganizing its leadership to focus on team collaboration and technology investments.

Wells Fargo's Advisor Recruitment Offers Can Reach Up to 400%

September 25th, 2023

Barry Sommers, CEO of Wells Fargo's Wealth & Investment Management unit, confirmed that his firm offers advisors transition deals worth up to 400% ...

Mesirow Expands Wealth Management with Acquisition of Front Barnett Asso...

September 22nd, 2023

Mesirow is expanding its wealth management offering by acquiring Front Barnett Associates, a registered investment advisory firm catering to high-n...

Key Trends in the Trillion Dollar Private Credit Funds Market

September 21st, 2023

Both fund managers and investors show strong interest in the private credit market, now valued at approximately $1.5 trillion, as reported by Inves...