A year after the firm's decision to give advisors more flexibility, 700 Edward Jones financial advisors, or more than 3%, now work in combined offices.
Meanwhile, the firm chases Silicon Valley Bank business by hiring overseas.
Studies have shown that most people will benefit from an advisor's assistance, realizing a 4%-plus increase in their yearly return, even after fees.
Offering employees an ownership stake can give you a valuable tool to attract and retain great people, and it often makes internal succession much easier.
According to the SEC and Finra, for years Merrill botched the reporting threshold for potential suspicious transactions.
There's new pressure on advisors to clearly demonstrate the value they deliver to clients, and technology will play a key role.
The firm has launched two brands to differentiate between high-net-worth and ultra-high-net-worth clients
The June employment report showed fewer new jobs than expected, but what does that mean for staffing advisory firms' back offices?
This month's highlights include Pershing X's launch of Wove, Blueleaf's 'aggregation-as-a-service' solution, and Nitrogen's new set of firmwide data analytics capabilities.
Morgan Stanley and JPMorgan seize the initiative, while smaller firms grapple with a lack of standardized data.
The rational, eat-your-vegetables approach to retirement peace of mind only goes so far. Advisors must become more adept at helping clients to prepare emotionally.
Currently Threads lacks many of the features that are standard on other social media platforms, such as direct messaging and feed curation.
Emily Stead wants to be the advisor people think of when a younger person is facing a financial challenge.
Financial advisors nationwide are taking calls from clients asking about what they should have in place prior to international travel.
Cracking down on remote work could send stress fractures through women's advancement, pay equity and corporate returns.
The Association of African American Financial Advisors is a 'sleeping giant trying to awaken,' says chair Christian Nwasike.
Acquiring clients can be costly but having the 'confidence and conviction' to let a bad fit go is vital.
Consensus estimates are that the US economy will dip into recession later this year or early next year.
Both GPB private placements and the LJM mutual fund were widely sold by brokerage firms prior to 2018.
While underrepresented ethnicities make up about 15% of new CFPs each year, the new arrivals barely move each group’s overall presence in the profession.
