by Patrick M. Kelly | Sep 27, 2013 | Financial Advisors, Financial Services Industry, FINRA
The proposal, passed by FINRA on September 19, would require brokers to tell clients of any recruitment compensation they receive in connection with the switch, including bonuses, loans and transition assistance. Customers will be told what the broker received in...
by Patrick M. Kelly | Sep 24, 2013 | Financial Advisor Job Recruits, Financial Services Industry, Job Market
“Financial services firms have to start recruiting the half-million college students who may be interested in becoming advisors, or risk having demand for financial advice outstrip supply within 10 years, according to a recent study, Regeneration: How Gen Y Could...
by Patrick M. Kelly | Sep 13, 2013 | FINRA
FINRA Board to also mull other ‘important considerations for a customer deciding whether to follow the rep to the new firm. A revised plan to require that brokers’ recruitment compensation be disclosed when they switch firms will be considered at the Financial...
by Patrick M. Kelly | Sep 13, 2013 | Financial Services Industry
Southern California-based Beacon Pointe Wealth Advisors has added Santa Barbara-based Pacific Pointe to its roster, making it the fifth firm in Beacon Pointe’s growing stable, and the fourth in California. The Santa Barbara-based wealth manager said in a statement...
by Patrick M. Kelly | Sep 10, 2013 | Technology
“They long ago outlived every phone, calculator and computer of their generation and these days, you’ll still see them prominently displayed on desks of financial planners.” And…they’re unchanged in over 20 years! According to Ronald D, White, business journalist for...
