by Patrick M. Kelly | Jul 25, 2013 | Financial Services Industry, RIA
Raymond James is looking to attract RIAs from all over the country and has established four regional director positions based on that goal. But the two areas where Raymond James sees the biggest opportunity are the Northeast and West, Bill Van Law, president of...
by Patrick M. Kelly | Jul 10, 2013 | Financial Services Industry
The National Association of Insurance and Financial Advisors, which has argued against the need for an expanded fiduciary rule, produced its survey in response to a request from the Securities and Exchange Commission for more data from stakeholders to inform its...
by Patrick M. Kelly | Apr 5, 2013 | Compensation, Financial Services Industry
Dually registered financial advisors with at least $100 million in discretionary client assets under management will retain 100% of their advisory fees under a new compensation model that Raymond James Financial Services is rolling out April 1. The ongoing intense...
by Patrick M. Kelly | Mar 21, 2013 | Financial Advisors, Financial Recruiters, Financial Services Industry
“Although the job market for all advisors is robust, the talent shortage among firms catering to extremely wealthy clients is particularly acute. That’s good news for advisors, but a problem for firms hoping to expand.”* The talent drought is causing firms to...
by Patrick M. Kelly | Mar 5, 2013 | Financial Services Industry
As the economic outlook improves, grid payouts show stability and new incentives are being added to induce financial advisors to strive for more growth. As the four wirehouses unveiled their compensation plans for 2013, the changes all seemed to have one thing in...