by Patrick M. Kelly | Feb 28, 2013 | RIA
Registered investment advisors with clients wanting to hold actual gold, silver, platinum or palladium in their own name can now help their clients directly by tapping into GBI Advisors (GBIA), a system billed as the first online platform that lets RIA’s store...
by Patrick M. Kelly | Feb 25, 2013 | Financial Recruiting Industry
“In 2012, almost seven in ten advisors (69%) operated in a team-oriented structure, up from 61% in 2011. Among bank advisors, more than half (53%) worked in teams, according to the research.” * Versus going “solo”, the new research by Cerulli Associates, found the...
by Patrick M. Kelly | Feb 18, 2013 | FINRA, RIA
Smiles are on the faces of RIA advisors as Richard Ketchum, chairman and chief executive of the self-regulatory organization, which oversees the U.S. brokerage industry, told Reuters he was bowing to political reality, and pulling back from his campaign to regulate...
by Patrick M. Kelly | Feb 15, 2013 | Financial Services Industry, Morgan Keegan
Raymond James Financial plans to drop Morgan Keegan from the name of its fixed-income arm later this month. The announcement was made during the first quarter earnings conference in late January by Raymond James chief executive officer Paul Reilly, who updated...
by Patrick M. Kelly | Feb 11, 2013 | Financial Services Industry
[pullquote]before regulators turn you and your book into a sitting duck[/pullquote]As the debate over financial advisor compensation disclosure heats up, some advisors who have “thought” about switching firms are now looking at a move before the disclosure issue is...
