A holiday poem — from a headhunter?

Twas the week after Christmas, with most of Wall Street away – Except perhaps Regions bank – Who is buying Morgan Keegan today?
JAN 03, 2012
Twas the week after Christmas, with most of Wall Street away – Except perhaps Regions bank – Who is buying Morgan Keegan today? Employees hope their evaluations are fair Wishing that their bonuses, come February, are still there. Branch Managers relax, because end of year movement has stopped. But watch out for the long weekends ahead, many offices will pop. With some bonuses forgiven, and loyalty largely gone, Advisers are not happy, but hardly forlorn. Because even with brands beaten up and stock prices low, Opportunities abound, many have an “up front” type of glow. Go indy, go regional, breakaway or stay large, It's clear more than ever that big producers are in charge. Layoffs are still common and quarterly results still drive Senior management decisions: “I need to keep MY job alive!” Every year's a new scandal, what will it be in the new year? Which firms will thrive and which will disappear? With stock prices dropping, shareholders despair, And some Advisers wonder, “will my firm still be there?” So as 2011 draws to a close, I have many thanks I would like to propose: Thanks to the Advisers with whom I speak every day, Thanks to my Clients, for whose success I do pray. Thanks to my readers, some nasty, some polite. Thanks to IN, for letting me write. Thanks to my colleagues with whom I work and I play, But most all, thanks to MY “shareholders,” to whom I go home every day.

Latest News

The 2025 InvestmentNews Awards Excellence Awardees revealed
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

Record RIA M&A activity marks strong start to 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.