by Patrick M. Kelly | Jul 12, 2013 | Going Independent, RIA
“When wirehouse brokers consider shifting to independence, they need to weigh a lot of factors and ask a lot of questions. John Stuart and Mag Black-Scott of Beverly Hills Wealth Management provide 11 questions that should be top of mind for advisors before making the...
by Patrick M. Kelly | May 13, 2013 | Financial Services Industry, RIA
RIA assets are expected to account for approximately a quarter of the financial advisor asset market share by the end of next year, according to research from Boston-based global analytics firm Cerulli Associates. “The advisor channel is still the fastest-growing...
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 | Feb 28, 2013 | RIA
Registered investment advisors with clients wanting to hold actual gold, silver, platinum or palladium in their own name can now help their clients directly by tapping into GBI Advisors (GBIA), a system billed as the first online platform that lets RIA’s store...
by Patrick M. Kelly | Feb 18, 2013 | FINRA, RIA
Smiles are on the faces of RIA advisors as Richard Ketchum, chairman and chief executive of the self-regulatory organization, which oversees the U.S. brokerage industry, told Reuters he was bowing to political reality, and pulling back from his campaign to regulate...
by Patrick M. Kelly | Jan 11, 2013 | Licensing, RIA
Finance industry recruiters are often asked, from advisors considering a move to an RIA, what happens to their Series 7 license if they join an RIA firm, which requires an active Series 66 or Series 65. Can they “hold” and maintain the Series 7 in case they wish to...
