by Patrick M. Kelly | Oct 23, 2013 | Breakaway Brokers, Independents
[pullquote]Advisors now need to step up their game[/pullquote]Independents were long seen as having an easy growth path in the Bay Area market, in part because their non-corporate business model appealed to the tech entrepreneurs generating so much of the region’s...
by Patrick M. Kelly | May 1, 2013 | Breakaway Brokers, Going Independent
If you are a financial advisor looking to acquire or sell a practice, Willis-Consulting Inc. can assist you in the process. Our practice acquisition specialists will help manage your transition and assist you in structuring a satisfying agreement that compensates you...
by Patrick M. Kelly | Apr 3, 2013 | Breakaway Brokers, Financial Recruiting Industry, RIA
An interesting survey by the Boston based consulting firm Elite Group has found that by a “slight” margin, RIA’s are not as happy with their careers as advisors in the wirehouses. Surprised and looking further into this, Eric Bruck, principal of Silver Oak Wealth...
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 16, 2012 | Breakaway Brokers, Broker-Dealers, Brokers
Financial Advisor Magazine’s July 2012 issue has the latest rankings and survey of the RIA firm arena. Reported by Eric Rasmussen, several trends are emerging in this year’s survey. Breakaway brokers have continued to enter the RIA space even more rapidly following...
by Patrick M. Kelly | Jun 13, 2012 | Breakaway Brokers, RIA
“Elite independent advisors are now earning close to the same compensation of top Wall Street brokers, with an average of $900,000 annually. Add falling Wall Street compensation and asset growth in the independent advisor channel and it becomes easier and more...
