Financial Advisor Blog - Page 65 - Financial Advisor Transitions

Capital Group Launches Suite of Active-Passive ETF Models

March 3rd, 2023

Capital Group has partnered with providers of passive index funds through its suite of twelve new model portfolios.

SEC Approves FINRA "Restricted" Designation Rule

March 2nd, 2023

Investors and advisors now will have access to more information concerning non-compliance among firms. The Securities and Exchange Commission (SEC)...

Recruiting Assets Experience A Slight Decrease at LPL Financial

March 1st, 2023

LPL Financial posted a decline in hiring as recruiting assets slipped 8 percent to $82 billion in 2022.

Raymond James Rep Ordered To Pay $20 Million to Wells Fargo in Raiding Case

February 28th, 2023

A FINRA arbitration panel has ordered Raymond James and six financial advisors to pay Wells Fargo $20 million allegedly for orchestrating a coordin...

UBS Boasts Recruiting Gains But Profit Declines

February 27th, 2023

UBS Wealth Management America's net income decreased by $76 million from the 2021's quarter as revenue declined by 5 percent to $2.64 billion.

Wall Street Firms Committed To Finding Opportunities in Cryptocurrencies

February 24th, 2023

Despite the scandal surrounding Sam Bankman-Fried and FTX, Wall Street firms are bullish on cryptocurrencies.

Headcount At Edward Jones Continues To Show No Improvements

February 23rd, 2023

Edward D. Jones & Co., one of the largest employee brokerage firms, remains at a standstill with respect to advisor headcount as the firm revamps i...

Next Step In CFP Board's Evolution

February 22nd, 2023

The Certified Financial Planner Board of Standards (CFP Board) has recognized that its 501(c)(3) status limits the activities it can pursue on beha...

Merrill Lynch Expands Its Succession Planning Program to More Financial ...

February 21st, 2023

Merrill Lynch's Succession Planning Program, launched in 2021, has expanded to allow high-producing advisors over 40 years old to sell off a portio...

Recruiting Wars Persist Despite Market Volatility

February 20th, 2023

Recruiting efforts for experienced advisors remain aggressive despite expectations that the market would dampen transitions and competitive offers.