Broker Dealer firms are realizing that financial advisors want more independence, but still the comforts of having the best technology and benefits of a brand name. Firms like Wells Fargo and RBC Wealth Management have increased their independent channels recently and brokers are following. The number of brokers moving to this independent channel is rapidly [...]
How Broker-Dealers are Attracting Financial Advisors
July 2, 2010 By Leave a Comment
In a competitive market, broker-dealers are struggling to find innovative ways to attract advisors. Some broker-dealers have found a way to stand apart from their competitors by offering a certain niche. They have figured out what financial advisors really want from a broker-dealer. Jodie Papike, vice president at a broker placement firm, said, “…Cambridge Investment [...]
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