Financial Advisor Blog - Page 87 - Financial Advisor Transitions

Advisor Headcount at UBS Declines

August 12th, 2022

Advisor headcount at UBS has fallen to almost 5,600, well below the firm's publicly reported figures for its Americas unit.

Second Quarter Advisor Moves

August 11th, 2022

Recently, there has been an apparent slowdown in advisor recruiting as firms focus on increasing their headcounts and assets through mergers and ac...

J.P. Morgan's New REIT and New Focus on Commodities

August 10th, 2022

J.P. Morgan is shaking up its menu a bit.

Retention Rates Improving At Edward Jones

August 9th, 2022

According to Edward Jones second-quarter report, the company's new model shows improved advisor retention rates.

Wall Street Bonuses Expected To Decline

August 8th, 2022

As deals begin to slow down across the financial industry, professionals who enjoyed lavish bonuses in 2021 should not expect the same for 2022.

FINRA Fines Morgan Stanley For Inaccurate Research Reports

August 5th, 2022

The Financial Industry Regulatory Authority (FINRA) has censured and fined Morgan Stanley $325,000 for issuing thousands of research reports contai...

LPL Attributes "Seasonality" Increases Advisor Payouts

August 4th, 2022

LPL's financial advisors saw an almost 1 percent payout increase in the second quarter of this year.

Citigroup Announces a Hiring Spree for Its New Wealth Division

August 3rd, 2022

Citigroup Inc. has announced that it intends to hire 500 employees over the next three years for a new wealth division.

National Securities Closes After 75 Years

August 2nd, 2022

National Securities has filed termination request paperwork with the Financial Industry Regulatory Authority Inc. (FINRA).

UBS Reports Unusual Net Outflow of Advisory Assets

August 1st, 2022

In January, UBS excised its longstanding award that paid advisors bonuses up to 12 percentage points.