by Patrick M. Kelly | Aug 11, 2014 | Banks, RIA
[pullquote]Banks and the independent advisory model do not fit[/pullquote] Boston Private Bank & Trust, a division of Boston Private Financial Holdings, is buying Banyan Partners — one of the industry’s fastest-growing wealth managers, with $3.7...
by Patrick M. Kelly | Jun 8, 2012 | Banks, Financial Services Industry
It is a known fact that the quickest route for commercial banks to achieve revenue growth and generate more fee income is to bulk up in their wealth management business through acquisitions. City National Bank (CYN) in Los Angeles recently struck a deal to buy...
by Patrick M. Kelly | May 14, 2012 | Bank Advisors, Banks
“If you are conservative, and a team player who does not mind a more structured environment, then your personality could be right for the bank brokerage culture. If growing your business is more important than receiving the largest transitional package, then I...
by Patrick M. Kelly | Feb 8, 2012 | Banks
Wells Fargo, CEO John Stumpf, puts it bluntly: “When we hire somebody around here, we want to know how much you care, before we care how much you know. We call our employees team members, not employees. Employees denote an expense to be managed. Team members are an...
