By Jason Diamond, WealthManagement.com – An active climate of movement throughout the industry landscape begs the question: “What does the future hold for the wirehouse model?”
Jason Diamond Quoted By Tobias Salinger, At some point, it just makes too much economic sense to move, because you do have that ability to monetize your business.
By Barbara Herman, AdvisorHub.com – The industry’s top advisors, even long-tenured folks with spotless records, are often surprised to land in their firm’s crosshairs. Here are 10 questions that can help limit exposure.
By Jason Diamond, WealthManagement.com – Advisors considering change want something more than what they have at their current firm. The good news is that there’s plenty to choose from. But that’s the bad news, too.
By Barbara Herman, InvestmentNews – With so much movement by top advisors, even diehard Merrill folks, who have been the industry’s most loyal over the years, are asking: “Why are so many people moving and what am I missing by staying?”
By Mindy Diamond, WealthManagement.com – What are the recent recruiting practices by UBS and Merrill telegraphing to advisors about their ideal candidates and overall hiring strategy of the firms? Are they heading toward a salary-bonus model?
By Louis Diamond, WealthManagement.com – Traditionally, a wirehouse advisor looking to monetize his business had few choices: Either move to a firm paying a “recruiting deal” or signing on to his firm’s sunset program. But what are the options for entrepreneurial advisors looking at the independent space but still needing capital? Actually, quite a few.
By Mindy Diamond, WealthManagement.com – 3 years later, financial advisors are still asking: Will Merrill leave the Protocol? And if Merrill opts out, what does that mean for advisors at the firm?
By Mindy Diamond – In a landscape with more options than ever before, a move from one big brokerage firm to another is more often the exception than the rule these days. So, in an evolved landscape with more options than ever before, why would a quality advisor – who can have his pick of the litter – choose to make what might be considered a “lateral move” to a wirehouse?
By Mindy Diamond – 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.
