by Patrick M. Kelly | Jul 27, 2012 | Breakaway Brokers, Wall Street
During its third quarter of the last fiscal year, 120 brokers joined RIA TD Ameritrade, up 50% from a year earlier. For all of last year, TD Ameritrade attracted 348 breakaway brokers, a trend, which managing director of sales Pete Dorsey expects to continue, “because...
by Patrick M. Kelly | Jul 16, 2012 | Breakaway Brokers, Broker-Dealers, Brokers
Financial Advisor Magazine’s July 2012 issue has the latest rankings and survey of the RIA firm arena. Reported by Eric Rasmussen, several trends are emerging in this year’s survey. Breakaway brokers have continued to enter the RIA space even more rapidly following...
by Patrick M. Kelly | Apr 23, 2012 | Breakaway Brokers, Financial Recruiting Industry
In fact, 92% of High Tower’s financial advisors have been picked off from traditional wirehouses according to Charles Roame, CEO of Tiburon Advisors. Last week at the Tiburon CEO Summit XXII in New York City, Roame told the audience of financial executives that the...
by Patrick M. Kelly | Oct 11, 2010 | Broker-Dealers, RIA
Finding the best team of associates for your RIA firm takes work, but the benefits of a team versus a solo shop are substantial. That’s because RIA firms don’t have help from broker-dealers provided to them. Many advisors tend to have a special niche such as financial...
by Patrick M. Kelly | Oct 4, 2010 | Financial Recruiting Industry
Many big firms are utilizing the best technology to lure advisors to come on board. One of the main concerns of advisors looking to breakaway is whether or not they will have the availability to properly service their customers with the most advanced software. It puts...