by Patrick M. Kelly | Apr 23, 2012 | Breakaway Brokers, Financial Recruiting Industry
In fact, 92% of High Tower’s financial advisors have been picked off from traditional wirehouses according to Charles Roame, CEO of Tiburon Advisors. Last week at the Tiburon CEO Summit XXII in New York City, Roame told the audience of financial executives that the...
by Patrick M. Kelly | Apr 16, 2012 | Financial Advisor Job Recruits, Financial Advisors
OnWallStreet’s Elizabeth White reports that Edward Jones conducted a poll of 1,000 American investors and found that investors want to see the traits of military veterans in their financial advisors. Edward Jones employs more than 1,300 veterans or 11% of their...
by Patrick M. Kelly | Apr 13, 2012 | FINRA
FINRA‘s proposal to change how broker complaints are expunged from CRD’s Broker Check at least offers the financial advisor some recourse on having “meritless” complaints removed from their record. Prior to the current proposed changes, the broker who was not...
by Patrick M. Kelly | Jan 27, 2012 | 401K Disclosure Rules
The Department of Labor’s 401(k) plan fee disclosure rules that would require U.S. broker-dealers to report how much they are paid to distribute mutual funds through brokerage windows is going to create a nightmare. Brokers claim that the hundreds of different...
by Patrick M. Kelly | Dec 23, 2011 | Hiring, Job Market
The new Merrill Edge Financial Advisors are targeted for Phoenix, Los Angeles, San Diego and Orange County and are to be on board by the end of the first quarter, 2012, bringing the total financial solutions advisor force in these areas to more than 250. You may...
