by Patrick M. Kelly | Dec 16, 2013 | Compensation, Merril Lynch
Bank of America Merrill Lynch is planning to reward brokers who team up to help clients with financial planning. As part of the Merrill’s 2014 compensation plan, which was rolled out to some 14,000 advisors last week, the firm is adding a Merrill Lynch Client...
by Patrick M. Kelly | Dec 6, 2013 | Financial Advisors, Financial Recruiters, Job Market
It’s a “given” that if you are considering a career in the financial services industry, or if you are considering a move within the industry, you’ll want and need the expertise of an experienced and proven financial services recruiter. But don’t just engage a...
by Patrick M. Kelly | Dec 3, 2013 | Financial Recruiting Industry, Hiring
“Minority representation at entry-level and mid-level positions in financial services has been increasing slightly and stands at 20.4%, but has remained stagnant at the executive level.” [pullquote]The financial services industry is moving too slowly in recruiting and...
by Patrick M. Kelly | Nov 21, 2013 | Baby Boomers
Recently asked “What’s the most vital market force facing Ameriprise right now?” Pat O’Connell, Executive Vice President of Ameriprise, responded: “We’re at the trough of the baby boomers marching their way into their 60s. The demands of that...
by Patrick M. Kelly | Nov 18, 2013 | Financial Services Industry, RIA
In an interview with Kris Frieswick reporting for OnWallStreet, John Thiel, head of Merrill Lynch Wealth Management, discusses what Merrill is doing to meet the competitive challenge of the RIA model. “The number one thing clients want is transparency. They want...
