by Patrick M. Kelly | Feb 3, 2012 | Financial Services Industry, Hiring
There has been talk (and verification) of expansion in both wirehouses and regionals all month long. Just this week BofA Merrill announced it planned to continue to hire and build its core global wealth management business. (They hired an additional 1,697 new...
by Patrick M. Kelly | Jan 30, 2012 | Financial Advisors, Financial Services Industry
“High Tower plans to continue to ramp up the expansion and take advantage of the increased advisor movement,” stated Executive Vice President of Business Development, Mike Papedis, to reporter Lorie Konish of OnWallStreet on January 23. [pullquote]The firm’s model has...
by Patrick M. Kelly | Jan 13, 2012 | Financial Services Industry
I love this story; I can relate to it, and what financial recruiter, advisor, or anyone in sales wouldn’t? [pullquote]…as a financial advisor, it’s very important that you understand the “why” behind each of your goals[/pullquote] We all focus on setting and obtaining...
by Patrick M. Kelly | Dec 19, 2011 | Financial Services Industry, Wall Street
Will Regions Financial Corp find a buyer for Morgan Keegan? That’s been a question in the industry for months, but recent speculation points to a very slim chance of it happening. What makes it more interesting is that it now appears that it may be Regions Financial...
by Patrick M. Kelly | Nov 30, 2011 | Financial Services Industry, Wall Street
While other banks are under pressure to cut their dividends, UBS surprised analysts and investors with their announcement that they would begin paying dividends again. (The last cash dividends were paid in 2006.) The announcement came at an investor event in New York...
by Patrick M. Kelly | Nov 23, 2011 | Financial Services Industry, RIA
“Instead of the Securities And Exchange Commission (SEC) or the Financial Industry Regulatory Authority (Finra) examining RIA firms, the firms themselves should foot the bill for their own periodic compliance examination by using an outside body. “ That’s the...
