by Patrick M. Kelly | Jan 11, 2013 | Licensing, RIA
Finance industry recruiters are often asked, from advisors considering a move to an RIA, what happens to their Series 7 license if they join an RIA firm, which requires an active Series 66 or Series 65. Can they “hold” and maintain the Series 7 in case they wish to...
by Patrick M. Kelly | Jan 4, 2013 | Financial Advisors, Financial Services Industry, Technology
More mobile apps and technology developments are on the horizon for financial advisors in 2013. “Advisors’ use of technology grew exponentially in 2012, and that growth shows no signs of stopping in 2013. As tech keeps evolving, advisors are eager to use those...
by Patrick M. Kelly | Jan 2, 2013 | Financial Services Industry, Wall Street, wirehouses
Merrill Lynch, Morgan Stanley, UBS and Wells Fargo—need to pay close attention to two areas in order to boost their market share: profitability and financial advisor compensation. “The need for the large firms to increase their hold on the market comes as studies...