Wealth Management

JANUARY 11, 2024

Pierce will stay on until April 1 as Cetera implements a "downstream" recruiting strategy.

Recruitment 111

Recruitment 111

Wealth Management

AUGUST 8, 2024

Louis and Jason Diamond share a “state of the recruiting industry” report for the first half of 2024, with perspectives on what to expect for the rest of the year.

Recruitment 119

Recruitment Financial Advisor 119

Wealth Management

OCTOBER 24, 2023

Savvy Advisors adds a former LPL advisor as the nascent, tech-focused firm reinvigorates recruiting efforts.

Recruitment 114

Recruitment 114

Wealth Management

AUGUST 3, 2022

While advisor movement across the industry has muted, LPL added 780 advisors in the second quarter, many of which came from its recruitment of CUNA Mutual Group.

Recruitment 105

Recruitment 105

Nerd's Eye View

JULY 18, 2022

The added complication is that, while this structure of hiring a large number of new advisor recruits with a high level of churn results in a high volume of aspiring planners potentially leaving the industry altogether, it is quite profitable for the insurance companies and broker-dealers themselves.

CFP 246

CFP Recruitment Sales Certification 246

Wealth Management

FEBRUARY 3, 2023

The IBD reported a slowdown in recruited assets in 2022, although its traditional independent advisor channel had a strong quarter.

Recruitment 98

Recruitment Assets 98

Abnormal Returns

MARCH 4, 2024

fa-mag.com) Headcount RIAs need to do a better job of recruitment AND retention. (am.jpmorgan.com) How longevity literacy affect financial wellness in retirement. papers.ssrn.com) Why getting charitable giving in retirement right is challenging. (fa-mag.com) riabiz.com) The battle for adviser talent will only grow.

Recruitment 279

Recruitment Estate Planning Financial Planning Retirement 279

Abnormal Returns

OCTOBER 9, 2024

theguardian.com) Substack is recruiting influencers to the platform. Then check out our weekly e-mail newsletter. newsletter.abnormalreturns.com) Mixed media Happy 30th blogiversary to Dave Winer of Scripting News. semafor.com) Read more books, less Twitter. notboring.co)

Recruitment 271

Recruitment Financial Advising Food Manufacturing 271

Nerd's Eye View

NOVEMBER 14, 2022

In the not-so-distant past, the typical career path toward becoming a financial advisor was to build up a book of business on one’s own, often by either tapping into one’s own personal networks or cold-calling prospective clients in bulk to generate enough business to gain a foothold.

Recruitment 238

Recruitment Clients Commission Financial Advisor 238

Wealth Management

JULY 21, 2023

Henschen, who owned Henschen & Associates, was a pioneer and thought leader in the independent recruiting space.

Recruitment 98

Recruitment 98

Wealth Management

NOVEMBER 8, 2022

Available capital will support “flood” of recruits in new year.

Recruitment 98

Recruitment 98

Wealth Management

JULY 21, 2023

Henschen, who owned Henschen & Associates, was a pioneer and thought leader in the independent recruiting space.

Recruitment 98

Recruitment 98

Abnormal Returns

JULY 15, 2024

riabiz.com) The biz Farther has recruited a number of advisers from Goldman Sachs' ($GS) United Capital unit. (finance.yahoo.com) Envestnet ($ENV) has sold to Bain Capital, Reverance and a handful of big asset managers. citywire.com) The Envestnet deal includes additional capital to help grow the firm.

Recruitment 254

Recruitment Financial Advising Retirement Insurance 254

Wealth Management

JULY 28, 2023

Following the announcement of its acquisition of Crown Capital Securities, LPL said it added $19 billion in recruited assets and 421 net new advisors during the second quarter.

Recruitment 98

Recruitment Assets 98

Abnormal Returns

JULY 10, 2023

investmentnews.com) Recruiting Why aren't more women becoming advisers? (investmentnews.com) Compliance There's no winning the cybersecurity war, just stalemate. financial-planning.com) Advisers don't like spending time on administrative and compliance issues. thinkadvisor.com) What kind of firm is better able to retain advisers.

Compliance 244

Compliance Recruitment Financial Planning Wealth Advisor 244

Nerd's Eye View

SEPTEMBER 11, 2023

However, some advisors might not be ready to take on the burden of hiring an employee (from the time spent recruiting and managing the hire to the dollar cost of providing a salary and benefits). For these advisors, an alternative approach would be to outsource the tasks they want to remove from their plates.

Financial Planning 246

Financial Planning Planning Recruitment Clients 246

Abnormal Returns

JULY 3, 2023

riabiz.com) Why advisers need to step up their recruitment game. (investmentnews.com) The biz Why RIA buyers walk away from a deal. riaintel.com) How iCapital is spending its capital - launching iCapital Marketplace. investmentnews.com) Advisers Who do investors trust with financial advice? Thankfully advisers lead the list.

Estate Planning 240

Estate Planning Recruitment Wealth Management Startup 240

Abnormal Returns

APRIL 10, 2023

thecooldown.com) Work Companies are having good luck recruiting laid off tech workers. (arstechnica.com) Why Apple ($AAPL) needs a standalone password app. cabel.com) How does Apple’s ($AAPL) Clean Energy Charging work? wsj.com) The service sector has seen a wholesale flight of workers.

Recruitment 239

Recruitment Financial Advising Media Economy 239

The Big Picture

JULY 2, 2023

My Sunday morning look at incompetency, corruption and policy failures: • The Military Recruiting Crisis: Even Veterans Don’t Want Their Children to Join : Pentagon scrambles to retain the main pipeline for new service members as disillusioned families steer young people away. Avert your eyes!

Ethics 263

Ethics Recruitment Accounting Consulting 263

Abnormal Returns

JANUARY 10, 2023

newsletter.abnormalreturns.com) Mixed media Engineering blogs are a recruiting tool for tech companies. (abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. nytimes.com) People like working outside. wapo.st) Give the gift of 'no.' artofmanliness.com).

Recruitment 240

Recruitment Financial Advising Engineering Media 240

Wealth Management

MARCH 12, 2024

Understanding the activity of your peers will help you become a smarter advisor and a better steward for your clients.

Recruitment 111

Recruitment Clients 111

Wealth Management

MAY 22, 2024

Pilot Financial, which has 105 advisors, joins LPL as an office of supervisory jurisdiction, following Lincoln's sale to Osaic.

Recruitment 111

Recruitment Sales 111

Wealth Management

FEBRUARY 6, 2024

The Equity Design Group team cited consolidation at Osaic as one of the reasons for jumping to LPL.

Recruitment 111

Recruitment 111

Abnormal Returns

JUNE 28, 2023

ft.com) Finance PE firms have a recruiting problem. Markets The world has passed gold by. bloomberg.com) Natural gas prices are wicked cheap. wsj.com) Why everyone is now betting on a spot Bitcoin ETF. institutionalinvestor.com) The European market for IPOs is moribund. ft.com) Sequoia Capital had to choose between China and the U.S.

Recruitment 246

Recruitment Financial Advising Media Economy 246

Wealth Management

OCTOBER 11, 2022

The new teams come from Private Advisor Group, Raymond James and New York Life subsidiary Eagle Strategies.

Recruitment 139

Recruitment Assets 139

Wealth Management

NOVEMBER 25, 2024

Brendan Krebs will lead PNC Investments' Wealth Advisor team, reporting to President and CEO Richard Guerrini and helping build out the firm’s increasing focus on mass affluent clients.

Recruitment 111

Recruitment Wealth Advisor Investing Investments 111

MarketWatch

JUNE 21, 2023

UBER will cut about 200 recruiters in order to save costs, the Wall Street Journal reported Wednesday, citing an internal company memo. While the layoffs affect about 35% of the company’s recruitment team, they account for less than 1% of Uber’s headcount, the Journal reported. Uber Technologies Inc. in recent activity.

Recruitment 74

Recruitment Accounting Marketing Marketing 74

Wealth Management

MAY 29, 2024

Spain & Smith Wealth Advisors will be led by veteran Henry “Hank” Spain, who was most recently with Carnegie Investment Counsel. He’s joined by Dayna Smith, who comes from Frank Legan Advisors at Cedar Brook Group, an RIA affiliated with Cadaret Grant.

Recruitment 107

Recruitment Wealth Advisor Investing Investments 107

Wealth Management

OCTOBER 25, 2023

But CEO Paul Reilly said the firm is seeing a significant number of large practices in the pipeline.

Recruitment 111

Recruitment Numbers 111

Nerd's Eye View

JUNE 23, 2023

Also in industry news this week: A recent study found that financial advisors get significantly more social media engagement from posts on LinkedIn and Facebook compared to Twitter and highlighted the importance of posting original content for engagement Why RIAs have struggled to find a solid footing in the IPO market From there, we have several articles (..)

Financial Planner 246

Financial Planner Recruitment Compliance Financial Advisor 246

Wealth Management

OCTOBER 26, 2023

CEO Dan Arnold sees the firm’s recent deal with Prudential as a catalyst to having more discussions with insurance-owned firms with similar needs.

Recruitment 116

Recruitment Insurance 116

Wealth Management

JANUARY 11, 2024

The $2 billion AUM Stafford Schauer Private Wealth Team joins Arax's Ashton Thomas Private Wealth from Deutsche Bank.

Recruitment 118

Recruitment Banking 118