by Patrick M. Kelly | Mar 8, 2012 | Compensation, Financial Recruiters
Each year OnWallStreet magazine publishes their annual report on compensation rankings by advisory firms. A new trend this year points to growth in team based award programs. As financial recruiters, we’ve definitely seen more and more firms recruiting high end...
by Patrick M. Kelly | Jan 18, 2012 | Compensation, Financial Recruiters
Bank of America has seen six consecutive quarters of growth in its workforce of financial advisors which now number about 15,500. As a counter to the rumor that more Merrill brokers will be leaving due to competing firms offering them large incentives and the former...
by Patrick M. Kelly | Jan 5, 2012 | Financial Recruiting Industry
Here’s a great article that was written in October, 2011, for OnWallStreet, by Rick Rummage, CEO and founder of The Rummage Group. (Yes, a competitor in the recruiting industry.) I never shared it on our blog site, but I think it appropriate now as many advisors gear...
by Patrick M. Kelly | Dec 5, 2011 | Wall Street, wirehouses
Who will lead the wirehouse industry in 2012? FundFire’s annual poll asked the question: “Which of the four major wirehouses is best positioned, in terms of its overall strength in the wealth management space?” Results pointed to Morgan Stanley Smith Barney with 43%...
by Patrick M. Kelly | Aug 26, 2011 | Financial Recruiting Industry
Every successful financial advisor has at one time or another reached a plateau in growing their business; you know, that point where they seem stuck on moving beyond to the next level. If their firm or broker/dealer doesn’t offer PR or media training programs to...