by Patrick M. Kelly | Oct 17, 2013 | Financial Services Industry
“One of the most pronounced trends we’ve seen in recent years is the call for wealth to have a productive impact on our environment, our communities, and our society broadly, in addition to earning an investment return," says Andrew Sieg, the head of the...
by Patrick M. Kelly | Sep 13, 2013 | FINRA
FINRA Board to also mull other ‘important considerations for a customer deciding whether to follow the rep to the new firm. A revised plan to require that brokers’ recruitment compensation be disclosed when they switch firms will be considered at the Financial...
by Patrick M. Kelly | Mar 27, 2012 | Job Market, Raymond James
OnWallStreet’s Lori Konish reported on March 22, that 600 Morgan Stanley financial advisors were offered retention incentives to remain with Raymond James after the acquisition two months ago. Of those, 98% have agreed to stay, a pleasant surprise as noted by COO...
by Patrick M. Kelly | Mar 5, 2012 | Financial Recruiters, Job Market
Reuters reported last week that Merrill Lynch is upping their ante for recruitment of top brokers whose performance put them in the top 40 percent of their peers. An upfront cash payment of 150 percent of the fees and commissions they earned during the prior 12 months...
by Patrick M. Kelly | Jan 31, 2012 | Morgan Keegan
OnWallStreet spoke to their elite Recruiter Roundtable members to get their reaction to the Raymond James-Morgan Keegan acquisition this week. Most of them agreed it looked like a good “cultural” fit, but when it came to the retention packages being offered the...
