Financial Advisor Blog - Page 66 - Financial Advisor Transitions

JPMorgan Chase Revises Advisor Headcount for its First Republic Bank Acq...

May 8th, 2023

JPMorgan Chase & Co.'s revised advisor headcount for its First Republic Bank acquisition has been called into question as it does not align with in...

Texas Team Launches RIA with Unique Profit-Sharing Program With Its Clients

May 5th, 2023

Precedent Wealth Partners, a new Registered Investment Advisor (RIA), is set to launch in Texas with a profit-sharing program that could set a prec...

First Republic Boasts Of Asset Retention Amid Key Personnel Departures

May 4th, 2023

First Republic Bank has reported the loss of at least 35 advisors over the past month following the uncertainty in the regional banking sector.

Redemption Requests for Non-Traded REIT Shares Have Been Rising, Leading...

May 3rd, 2023

Since last year, redemption requests for non-traded Real Estate Investment Trusts (REITs) have been rising.

Morgan Stanley Explores Options As Profits Disappoint

May 2nd, 2023

Morgan Stanley Wealth Management's profits have slipped 26.5% lower than the firm's target range. As a result, Morgan Stanley is considering variou...

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.