by Patrick M. Kelly | Sep 4, 2012 | Financial Recruiters, Hiring, Job Market
St Louis based Wells Fargo Advisors is looking for up and coming “rising stars” for their WBS (bank brokerage) and PGC (Private Client Services-wire house) channels. By their definition, a “rising star” is a financial advisor with less than 6 years of industry service...
by Patrick M. Kelly | Aug 31, 2012 | Compensation, Merril Lynch
Is the $40 million dollar settlement really a resolution? That’s the ‘scuttle’ this week on the block. Or is it opening a door to further claims and litigation? The settlement for deferred compensation will go to about 1, 467 financial advisors who were formerly...
by Patrick M. Kelly | Aug 29, 2012 | Financial Recruiters, Financial Services Industry, Job Market
Announces Plans to Hire 300 Bankers and Brokers Continuing with a brisk hiring spree over the past two years, Citigroup has recently hired two top execs: John Cummings as chief operating officer for Citigold Wealth Management and Frank Consalo overseeing investment...
by Patrick M. Kelly | Aug 27, 2012 | Financial Advisor Job Recruits, Financial Recruiters
Beacon Pointe, based in Newport Beach, Ca., is one of the largest independent RIAs in the U.S. with over $4 billion in assets under advisement. The firm specializes in working with endowments, foundations, institutions, and high-net-worth individuals. Beacon Pointe...
by Patrick M. Kelly | Aug 24, 2012 | Financial Services Industry
Advisory competition between wirehouses is still strong, and they are still swapping teams. Merrill’s Tampa office just hired a two member veteran team from MSSB both of whom had 28+ years with Morgan Stanley. At the same time, two teams left Merrill’s; one team going...
