by Patrick M. Kelly | Jul 19, 2010 | Economy, Financial Services Industry
Bank of America remains positive about their business model due to the increased growth in its wealth management division. According to BofA Remains Confident in Wealth Businesses As Assets Sink, Matt Ackermann states, “The Charlotte, N.C. company, which reported...
by Patrick M. Kelly | Jul 12, 2010 | Financial Services Industry, Job Market
Fifth Third Securities has been aggressively recruiting candidates for its investment sales team. They just hired a sales person to run the eastern territory and a sales manager for Tennessee and Georgia. Howard Hammond became president four years ago and is primarily...
by Patrick M. Kelly | Jun 21, 2010 | Financial Recruiting Industry, Hiring, Job Market
Recently we have seen the demand for bank based financial advisors skyrocket. We think this is a trend that will continue for the next 12 to 18 months. Wells Fargo’s WBS channel supports the financial advisors who work within Wells Fargo’s bank branches. The...
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 | May 26, 2010 | Financial Recruiting Industry
What is your practice worth? During the first quarter, there were 24 mergers and acquisitions in the RIA space…that’s a record since 2003, according to RegisteredRep as reported on April 15 by Halah Touryalai. As recruiters at Willis Consulting, we’ve definitely seen...
