by Patrick M. Kelly | Aug 8, 2012 | Financial Advisor Job Recruits, Financial Recruiters
Over the eleven plus years of being in the finance recruiting business, I’ve observed a lot of financial advisors going through the recruiting process who have made two common mistakes which have jeopardized their placement opportunities. Number one is thinking they...
by Patrick M. Kelly | Aug 2, 2012 | CPAs, Financial Advisors, Financial Services Industry
How often does a CPA offer tax-efficient investment strategies to their clients? Quite frequently, actually, and without asking for additional pay for this financial advice. John Azodi, a CPA and financial planner personally believes that “every CPA either needs to...
by Patrick M. Kelly | Jul 31, 2012 | Financial Advisors, Wall Street
The nation’s largest independent broker-dealer, LPL Financial set out to improve their Model Wealth Portfolio platform, already highly successful. To become more efficient, the firm added more strategists to the platform, including their own research arm, Morningstar....
by Patrick M. Kelly | Jul 27, 2012 | Breakaway Brokers, Wall Street
During its third quarter of the last fiscal year, 120 brokers joined RIA TD Ameritrade, up 50% from a year earlier. For all of last year, TD Ameritrade attracted 348 breakaway brokers, a trend, which managing director of sales Pete Dorsey expects to continue, “because...
by Patrick M. Kelly | Jul 25, 2012 | Financial Recruiting Industry
Rule 2111 expands broker-dealer suitability and “know your customer” obligations in three ways and it became effective on July 9. Is this just another bureaucratic initiative or does it really strive to provide uniformity and consistency to the old rule? And will it...
