by Patrick M. Kelly | Jun 23, 2010 | Financial Recruiting Industry, Financial Services Industry, Job Market
[pullquote]…the wirehouse channel has a rich deposit of potential candidates for independent advisory firms[/pullquote] With the constant changes that occur in the financial services and banking industries, it is no surprise that many brokers are keeping their options...
by Patrick M. Kelly | Jun 18, 2010 | Compensation, Financial Services Industry
[pullquote]…staffing is up by 16% from six months ago.[/pullquote] Good news for any financial advisors who work for or would like to make a move to an RIA firm. There is an increase in compensation with most RIA firms that TD Ameritrade surveyed. According to this...
by Patrick M. Kelly | Jun 11, 2010 | Financial Advisor Job Recruits, Financial Services Industry
BUT…you need to do your homework first and find out what career path that assistant is on and the only way to find that out is to ask them. Focus on the short term (two to five years out, versus long term, because generally, they are younger staff) If they want to be...
by Patrick M. Kelly | Jun 9, 2010 | Financial Services Industry
[pullquote]We’d like to see them ramp it up now so they don’t get shocked in 2011.[/pullquote] Is Edward Jones changing their focus and joining the ranks of the wirehouses on Wall Street by pushing advisors to increase production? Last week, executives at Edward Jones...
by Patrick M. Kelly | Jun 7, 2010 | Financial Services Industry
So, will it take away business from Merrill advisors? “Merrill Edge” is Bank of America’s version of free online trading. I read with interest and an open mind, RegisteredRep.com’s June 1, 2010 article by John Byrme, “Bank of America Ramps up Online Brokerage.” This...
by Patrick M. Kelly | May 31, 2010 | Financial Recruiting Industry, Financial Services Industry
Not surprising– the annual FINRA conference in Baltimore last week was packed with financial advisors all wanting to know what was coming down the pipeline and what would happen next. The conference was literally sold out, a result of the concern over the new...
