by Patrick M. Kelly | May 17, 2011 | Financial Advisors, Job Market, wirehouses
According to InvestmentNews Advisors on the Move database, the Big 4 wirehouses saw near historic lows in advisor turnover during the past 12 months ending March 31. Merrill Lynch hired the most net new advisors over the 12 month period (517) and MSSB shed the most...
by Patrick M. Kelly | Apr 19, 2011 | Financial Services Industry
With the uncertainty as to what to expect from the SEC’s new fiduciary standard to be set for defining the financial advisor’s role on behalf of clients, Morgan Stanley Smith Barney is moving beyond just “buzzing” about the “what if’s”… At last week’s Securities...
by Patrick M. Kelly | Mar 30, 2011 | Financial Recruiting Industry, Hiring, Job Market
It was an interesting survey recently conducted by Grant Thornton LLP that pointed to the optimism of banking executives regarding the U.S. economy’s recovery in the next six months. A robust stock market, stabilizing unemployment and improving corporate earnings...
by Patrick M. Kelly | Feb 7, 2011 | Financial Services Industry
When you think of your branch manager, what images come to mind? Does your branch manger send off positive, negative or neutral vibes? Perhaps the message is mixed. Because he or she represents the management of your firm more than any other executive, that...
by Patrick M. Kelly | Dec 23, 2010 | Clients, Financial Advisors
Building a recognizable brand name takes time, but will ultimately keep existing clients loyal and attract new business as well. When developing your brand, you need to think about how you choose to run your business. Make sure when you establish your brand name, to...