RBC announced a decrease in percentage of payouts for advisors generating under $300,000 in revenue in an effort to weed out smaller advisors. RBC is moving in a new direction and wants to attract more million dollar producers in an effort to double its productivity in 5 years. Financial advisors who were generating under $300,000 [...]
The New Breakaway
March 26, 2010 By Leave a Comment
Are clients the new Breakaways? Are they disenchanted with the wirehouses and moving their assets to the RIA’s? Halah Touryalai researched and reported on client asset flows from the major wirehouses in the March issue of Registered Rep. Read and draw your own conclusions, but look carefully at the “Money and Advisors In Motion” [...]
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