by Patrick M. Kelly | Apr 26, 2011 | Financial Advisor Job Recruits, Job Market
For anyone who is relying on communication to promote their business, whether it is providing product or service, you have to admit it’s a very noisy, congested, and ever changing world out there. [pullquote]You must stand out and grab attention.[/pullquote]As a...
by Patrick M. Kelly | Apr 22, 2011 | Financial Advisors, Financial Services Industry, Merril Lynch
No one would debate the fact that Merrill Lynch went thru some tough times during the economic crisis. But Merrill’s Wealth Management took a survey of their clients over this past year and found that they continue to value their relationship with their financial...
by Patrick M. Kelly | Apr 19, 2011 | Financial Services Industry
With the uncertainty as to what to expect from the SEC’s new fiduciary standard to be set for defining the financial advisor’s role on behalf of clients, Morgan Stanley Smith Barney is moving beyond just “buzzing” about the “what if’s”… At last week’s Securities...
by Patrick M. Kelly | Apr 15, 2011 | Financial Advisors, Going Independent, Job Market
During 2010, brokers and financial advisors have continued to leap into the independent channel at a swift pace. [pullquote]…independent advisors and brokers will make more money in the next year and a half.[/pullquote] Whether it was to set up their own shop,...
by Patrick M. Kelly | Apr 12, 2011 | Compensation, Financial Recruiting Industry, Financial Services Industry, Job Market
Of note last week was the announcement by Bank Investment Consultant that financial advisors last year sold a whole lot more mutual funds, ETF’s and other equity-linked products while continuing to increase annuity sales. In addition, the trend toward more fee-based...
