by Patrick M. Kelly | Sep 24, 2014 | Financial Recruiting Industry
Advocates of a uniform fiduciary standard have been frustrated by the slow movement on the issue at the SEC, where Chairman Mary Jo White has directed staffers to develop a menu of options for how to address the investor confusion associated with the uneven regulatory...
by Patrick M. Kelly | Aug 22, 2014 | Financial Recruiting Industry
As larger firms are struggling to replace a retiring generation of brokers who helped generate years of steady profits, Edward Jones, the 92-year-old St. Louis brokerage, is looking to head off projected shortfall of financial advisors by sponsoring training classes...
by Patrick M. Kelly | May 21, 2014 | Financial Recruiting Industry
Merrill Lynch Clear…..a new iPad application to help financial advisors win over more retirement clients has been under a pilot study for the past 8 months, and is winning favor by advisors involved in the pilot program. It’s a new approach that integrates sleek...
by Patrick M. Kelly | Apr 14, 2014 | Financial Recruiting Industry
Despite whatever recruitment deal or retention fee a financial advisor gets, it does not constitute a contract of employment, and you CAN be fired. Common “career killers” are worth reviewing from time to time. Danny Sarch, president of Leitner Sarch Consultants,...
by Patrick M. Kelly | Apr 11, 2014 | Financial Advisors, Financial Recruiting Industry, Hiring
“The path to success for a trainee has become substantially more difficult,” acknowledged Bill Willis, President and CEO of Willis Consulting, Inc. in an interview with Ilana Polyak, reporting for OnWallSteetMag. The path to success for a financial advisor...
by Patrick M. Kelly | Apr 7, 2014 | Financial Recruiting Industry
[pullquote] What we are seeing is the result of months and months of consistent recruiting [/pullquote]The Tampa Bay-based wealth management firm has successfully completed its eighth major financial advisor recruitment effort in the past three weeks, part of a...