by Patrick M. Kelly | Mar 21, 2011 | Financial Services Industry, Wall Street
In case you missed it, the “buzz” last week was all about the rumor that Wells Fargo & Co was seeking a deal to acquire UBS AG’s U.S. wealth management operations. The report came out of InvestmentNews on Tuesday, the 15th, when they cited “unnamed industry...
by Patrick M. Kelly | Mar 15, 2011 | Financial Services Industry, Social Media
Last Wednesday, Merrill Lynch announced the launch of mobile brokerage apps for iPhone, iPad, and BlackBerry devices. This follows the launch in 2009 of MyMerrill.com and MerrillEdge.com which are banking apps through Bank of America. With the new apps, clients will...
by Patrick M. Kelly | Mar 10, 2011 | Financial Advisor Job Recruits, Financial Advisors, New Recruits, Wall Street
It’s no secret that the advisory workforce throughout the industry is aging, and now that the economy is recovering, firms are acknowledging that they need to bring in new FA’s to counter-balance that. So what are some of them doing?
by Patrick M. Kelly | Mar 7, 2011 | Financial Services Industry, RIA, Wall Street
[pullquote]The Hybrid Advisor has opened an avenue to expand their pool of potential clients[/pullquote]. Is the “Hybrid Advisor” the hottest trend on Wall Street? With the ability to serve as both an RIA advisor and a registered rep, the Hybrid Advisor has opened an...
by Patrick M. Kelly | Mar 4, 2011 | Financial Services Industry, Job Market
Ask anyone on the block and most wirehouses and independent broker-dealers recognize that their core financial advisors are aging and will soon need to be replaced, but very few have done much in the past three years to address the issue. Most have spent their time...
