Financial Advisor Blog - Page 71 - Financial Advisor Transitions

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.

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.