There have not been very many advisors looking to grow their business in the independent channel recently. Many advisors in the independent world are focused on succession planning and coming up short with whom they choose to run their business when they retire.
Read more on Independent Channels Recruiting Young Advisors…
No surprise really, and as most are agreeing, a safe choice.
With Moynihan at the helm of Bank of America, I don’t think we’ll see any radical changes in the near future. I think he will try to steer his ship as calmly as possible thru the murky months ahead.
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