Financial Advisor Blog - Page 66 - Financial Advisor Transitions

FPA Is Not Concerned With CFP Board Reorganization

February 17th, 2023

The Certified Financial Planner Board of Standards Inc. (CFP Board) recently announced that it would split into two nonprofit organizations.

Ranks of Females and Others Improve Diversity Membership Among CFP Profe...

February 16th, 2023

The Certified Financial Planner Board (CFP Board) reached significant milestones in 2022 with respect to its diversity initiatives.

Advisor Transitions Down 5.3 Percent

February 15th, 2023

Recruitment has slowed down due to the state of the economy, with total moves falling 5.3 percent.

Wall Street Expenses Continue to Climb

February 14th, 2023

Despite its effort to reduce costs by eliminating staff, decreasing bonuses, and implementing robots to replace workers, Wall Street is preparing f...

Despite Disappointments, Morgan Stanley Reaffirms New Net Asset Targets

February 10th, 2023

Morgan Stanley's wealth division added $311 billion in net new assets in 2022, down 2 percent from $437 billion in 2021.

7 Tips For Firms and Their Advisors To Remain In Compliance

February 9th, 2023

The Financial Industry Regulatory Authority (FINRA) recently outlined compliance guidance for firms and their advisors.

2022 Marks Merrill Lynch's Strongest Hiring Year

February 8th, 2023

Merrily Lynch hired around 300 advisors in 2022, marking the strongest year in hiring since 2011.

Profits at Morgan Stanley and Goldman Sachs Decline

February 7th, 2023

Both Goldman Sachs and Morgan Stanley reported lower profits, with fourth-quarter profits plunging 66 percent at Goldman and 40 percent at Morgan S...

JP Morgan To Add More Advisors Despite "Mild Recession"

February 6th, 2023

According to an earnings statement from JP Morgan, f the bank added more than a net 500 advisors year over year.

Wells Fargo Advisors Posts Quarterly Gain in Advisor Headcount

February 3rd, 2023

For the first time in years, Wells Fargo Advisors has posted a quarterly gain in its advisor headcount.