by Patrick M. Kelly | Jul 19, 2010 | Economy, Financial Services Industry
Bank of America remains positive about their business model due to the increased growth in its wealth management division. According to BofA Remains Confident in Wealth Businesses As Assets Sink, Matt Ackermann states, “The Charlotte, N.C. company, which reported...
by Patrick M. Kelly | Jul 16, 2010 | Clients, Financial Advisors, Financial Services Industry
With the constant market volatility in today’s economy, investors rely on their financial planners more than ever. They still need plenty of advisement on where it is safe to invest their money and how to protect the assets they have left. The Certified Financial...
by Patrick M. Kelly | Jul 14, 2010 | Breakaway Brokers
One of the primary focuses financial advisors have is taking care of their existing clients while developing new clients and growing their business. The time spent focusing on compliance and paperwork is not a beneficial use of their time. Breakaway advisors have to...
by Patrick M. Kelly | Jul 12, 2010 | Financial Services Industry, Job Market
Fifth Third Securities has been aggressively recruiting candidates for its investment sales team. They just hired a sales person to run the eastern territory and a sales manager for Tennessee and Georgia. Howard Hammond became president four years ago and is primarily...
by Patrick M. Kelly | Jul 9, 2010 | Financial Services Industry
[pullquote]…there is $10 trillion in high-net worth bankable assets that haven’t been tapped.[/pullquote] There has been a significant decrease in assets under management in the global wealth management industry since 2008. High-net worth clients have lost...