by Patrick M. Kelly | Sep 28, 2012 | Financial Services Industry, Wall Street
Acquiring Morgan Keegan last April, along with the ability to retain a large percentage of their financial advisors, appears to have paid off for Raymond James, who announced an 8% increase in fees and commissions to $250 million during August, 2012. This is up 8%...
by Patrick M. Kelly | Sep 26, 2012 | Financial Services Industry, Wall Street
The end of an era and a bit of history… In 1938, with the merger of two brokerage firms founded by Philadelphians, Charles D. Barney and Edward B. Smith, the modern day Smith Barney was born. Thus began their long history of acquisitions. Smith Barney snatched...
by Patrick M. Kelly | Sep 21, 2012 | Financial Services Industry, Technology
Technology has taken leaps and bounds to augment and enhance what financial planners do, and since 2009, a new breed of technology firms threatens to challenge advisors as well. The rise of the so called “robo advisor”—online startup firms that aim to replace...
by Patrick M. Kelly | Sep 7, 2012 | Financial Recruiters, Hiring
Citi Private Wealth Management (Citibank) is a global bank with approximately 200 million customer accounts and conducts business in more than 160 countries and jurisdictions. They provide consumers, corporations, governments and institutions with a broad range of...
by Patrick M. Kelly | Sep 4, 2012 | Financial Recruiters, Hiring, Job Market
St Louis based Wells Fargo Advisors is looking for up and coming “rising stars” for their WBS (bank brokerage) and PGC (Private Client Services-wire house) channels. By their definition, a “rising star” is a financial advisor with less than 6 years of industry service...
