Industry Update: A Deep Dive into the Wirehouses and Regional Firms

Our last Industry Update focused on the landscape of the wealth management industry as a whole—and the vast array of options and opportunities for advisors of all shapes and sizes.

In this episode, we start our deep dive into the individual models—beginning with the wirehouses and regional firms.

You’ll learn the answers to some of the top questions we hear from advisors, including:

What are the wirehouses and regional firms doing in terms of recruiting?
What kind of transition packages are they offering?
How actively are they recruiting?
What are the primary differences between the firms?
How likely are these firms to offer an independent option?

Plus, get some inside baseball on each of the big brokerage firms—what’s changed and what we can expect going forward.

It’s an episode that every advisor – regardless of where they practice – will learn from.

Podcast: Play in new window | Download (Duration: 15:56 — 18.9MB)

As an added bonus for listeners, we’ve developed an infographic – The Industry Landscape At-a-Glance – that outlines the continuum described in this episode. You can download it here.

Did you miss the previous Industry Update, What the Wealth Management Landscape Looks Like Today? Listen in…

Related Resources

At a Glance: The 2020 Landscape of the Wealth Management Industry
The infographic that outlines the landscape continuum. Download->

10 Predictions for Financial Advisors in the Post-Crisis World
In an industry where widespread change was already underway, there’s a new wave of evolution ahead—and much of it will be for the better. Read->

What’s Changing at the Wirehouses—and Why You Need to Pay Attention
As firms cut back on recruiting and amp up their retention efforts, the balance of power shifts further and further away from the advisors—diminishing leverage, business value and opportunity, and leading down a path that advisors fear most. Read->

Redefining Regional Firms: It’s More About Culture Than Geography
Regionals have emerged as the new hot spot for advisors looking for flexibility within the security of an employee-based model. Read->