A sigh of relief came from the 17,291 global-wide financial advisors at Morgan Stanley last Friday when a spokeswoman from MS told OnWallStreet that advisors would not be included in the cuts planned for the first three months of 2012. (A Bloomberg story had broken the day before that 1,600 jobs would be eliminated.) According [...]
RIAs Dream of Billion Dollar Club
July 29, 2011 By Leave a Comment
Dream big or go home… Financial Advisor’s 2011 RIA Survey cited 91 of 454 firms participating in the survey had actually reached the “Billion Dollar Club” status, and 17 of them were new entrants. (Up from 21 in 2005, when the survey was inaugurated.) But in 2008, it looked pretty grim with assets and staff [...]
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