Clock is Ticking for B of A

The Clock is Ticking for BofA

We all watched with interest as the “Thanksgiving Deadline” set by Bank of America for naming the new CEO to replace Ken Lewis came and, yes “went” with no announcement. Lots of “scuttlebutt” out there regarding lack of outside candidates (who would want to apply with all the federal pay restrictions placed on BofA? You [...]

Majority Of Advisor Movement Went To…

Yes, you have probably guessed right. Of those advisors who did move in the past 12 months, Discovery Database reported that 40% were from wirehouses, and in spite of all the speculation about them looking to go independent, 52% of those advisors turned around and went to another wirehouse! We recruiters are still seeing UBS [...]