Barbara Herman Quoted – By Susan Konig, WealthManagement.com – Years ago, the wirehouses didn’t consider independent broker/dealers a threat to their business—but rather the place unsuccessful brokers go when they fail at their firms. But today the wirehouses are losing some of their largest and most-coveted corner-office teams to the independents. Wirehouse branch office managers, however, aren’t giving up without a fight. Some are taking a page from the independents themselves to lure and keep top talent.
June 5, 2012 – By Mindy Diamond, WealthManagement.com – Philip Noble always wanted to create a legacy. After graduating from the College of Wooster in 1976, he spent more than a decade working for Fortune 500 companies in the benefits and pensions field. It was going well, but something was lacking. He wanted to build a business that he could leave behind. With that in mind, in 1990, he opened his own firm called Noble Wealth Management, affiliated with a life insurance company, and quickly attracted small business owners who had pension design and estate planning needs. As a business owner, Phil enjoyed building a culture for his firm and running the day-to-day business, but he began looking around for a b/d that would help him accelerate growth. Soon after, he affiliated with LPL Financial, attracted to the additional products he would be able to access and the extra services and support that he felt would add value for his clients.
Subscribe for Updates
Get updated by email when a new article is added.
Recent News & Articles
- Growth Strategies: An Ex-Merrill Advisor on Going from Practice to Firm to $4B Enterprise
- What Recruiters Are Saying About Cetera’s New Growth Guarantee
- Nearly 9,700 Series 7 Advisors Changed Firms in 2023, Report Says
- Advisor Recruiting Activity Stayed Strong in 2023 Despite Bank Turmoil. Expect More Moves This Year.
- Add FAs, Digitize, Cross-Sell: BofA Boss’s Wealth Biz Growth Plan