by Patrick M. Kelly | Jul 5, 2011 | Going Independent
The Schwab Franchise issue popped up at TD Ameritrade’s 2011 Elite Advisor Summit’s opening session Q&A portion two weeks ago in Miami Beach. It seems that an advisor asked Tom Bradley (president of TD Ameritrade) and Fred Tomczyk (CEO) about Schwab’s plans to...
by Patrick M. Kelly | Jul 1, 2011 | Going Independent
It looks like Schwab is not wasting time in opening franchises with independent contractors. In fact, the San Francisco based broker is making five-year deals with dozens of financial advisors, and hopes to have between 5 and 10 opened by year’s end. According to...
by Patrick M. Kelly | Jun 28, 2011 | Financial Recruiting Industry
With plans to double the number of their FSAs by year’s end, the total number of advisors in the year-old FSA program will number more than 1,000. This group of advisors represents the “Merrill Edge” – designed to combine the banking strength of BofA and...
by Patrick M. Kelly | Jun 24, 2011 | Clients
“Building your women clientele takes longer, but they are more loyal.” This is how Sallie Krawcheck, president of Bank of America Merrill Lynch’s global wealth and investment management unit, views the differences between client genders. Her remarks were made as part...
by Patrick M. Kelly | Jun 22, 2011 | Internet
No longer do we rely solely on ourselves to create first impressions. In fact, our websites are becoming more and more influential in determining how our clients perceive us and how successful we are in growing our business. True for financial recruiters as well as...
