by Patrick M. Kelly | Jan 14, 2013 | Financial Services Industry, FINRA
“Wall Street brokers who are lured to new firms with signing bonuses of at least $50,000 would be required to tell their clients under a rule proposed by the Financial Industry Regulatory Authority.” (OnWallStreet.com, Jan 7, 2013, Zech Faux “Brokers to Disclose….”)...
by Patrick M. Kelly | Nov 9, 2012 | Financial Services Industry
By merging two of its wealth management units earlier this year the Abbot Downing Wealth Management business was launched. Under President Jim Steiner, the subsidiary, which has a “small firm feel”, caters to ultra-high-net-worth individuals and families with $50...
by Patrick M. Kelly | Oct 19, 2012 | Diversity
Census data puts the number of same-sex couples living together in 2010 at approximately 620,000. That trend is expected to grow, according to a survey conducted earlier this year by the Financial Planning Association. The survey of 5,500 FPA members found that...
by Patrick M. Kelly | Jul 2, 2012 | Financial Advisor Directories
Online financial advisors’ directories and rankings, including the advisor’s education background, assets under management and even disciplinary records are now easily available on the website to investors and potential clients. This is a growing trend,...
by Patrick M. Kelly | May 11, 2012 | Financial Services Industry
Banks looking to increase their investment revenue could do better by focusing on reducing the size of advisors’ territories and hiring more financial advisors, according to PrimeVest’s latest white paper on “growing investment programs.” According to Catherine...