by Patrick M. Kelly | May 13, 2013 | Financial Services Industry, RIA
RIA assets are expected to account for approximately a quarter of the financial advisor asset market share by the end of next year, according to research from Boston-based global analytics firm Cerulli Associates. “The advisor channel is still the fastest-growing...
by Patrick M. Kelly | Mar 5, 2012 | Financial Recruiters, Job Market
Reuters reported last week that Merrill Lynch is upping their ante for recruitment of top brokers whose performance put them in the top 40 percent of their peers. An upfront cash payment of 150 percent of the fees and commissions they earned during the prior 12 months...
by Patrick M. Kelly | Nov 14, 2011 | Hiring, Merril Lynch
It would not appear as though the masses are exiting BofA’s Merrill’s Wealth Management even though MSSB snatched a star producer from Merrill. Just in the last month, they have picked up 80 new Merrill Edge Financial Solution advisors from California and Nevada. And...
by Patrick M. Kelly | Jun 22, 2011 | Internet
No longer do we rely solely on ourselves to create first impressions. In fact, our websites are becoming more and more influential in determining how our clients perceive us and how successful we are in growing our business. True for financial recruiters as well as...
by Patrick M. Kelly | May 31, 2011 | Financial Recruiting Industry, Job Market
We’re seeing a “flip-flop” in the financial recruiting arena lately. Big brokerage firms are now knocking on the doors of “independent” brokers, and that marks a change for both parties. During the financial crisis, firms like BofA’s Merrill Lynch and Morgan Stanley...
