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 | Dec 23, 2011 | Hiring, Job Market
The new Merrill Edge Financial Advisors are targeted for Phoenix, Los Angeles, San Diego and Orange County and are to be on board by the end of the first quarter, 2012, bringing the total financial solutions advisor force in these areas to more than 250. You may...
by Patrick M. Kelly | Nov 14, 2011 | Hiring, Merril Lynch
It would not appear as though the masses are exiting BofA’s Merrill’s Wealth Management even though MSSB snatched a star producer from Merrill. Just in the last month, they have picked up 80 new Merrill Edge Financial Solution advisors from California and Nevada. And...
by Patrick M. Kelly | Sep 19, 2011 | Financial Recruiting Industry, Hiring
Spend more to make more? Usually a sound business practice and one which many top producing Financial Advisors are adhering to. More and more, we financial advisor recruiters are finding “teams” versus individuals who may be looking to move. Hiring a Team to Grow...
by Patrick M. Kelly | Aug 18, 2011 | Financial Services Industry, Hiring
Before entering a deal, and signing your bonus contract, read ALL the number of provisions. The Wall Street Journal reports on Aug 2, that some bonus contracts reviewed by Dow Jones and several securities lawyers, show that some advisors in recent years have waived...
by Patrick M. Kelly | Aug 15, 2011 | Financial Advisor Job Recruits, Hiring, New Recruits, Training Programs
Banks across Wall Street are honed in on cutting costs lately and it looks like the cuts will be hitting advisor training programs next year. [pullquote]…cuts will be hitting advisor training programs next year[/pullquote] Morgan Stanley Smith Barney announced they...