Added on October 2017 in Join an RIA
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Summary: Morgan Stanley's decision to leave an industry agreement known as the protocol for broker recruiting is an indication that the firm is working harder than ever to prevent its brokers from jumping ship, industry sources said.
Added on October 2017 in Join an RIA
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Summary: Many advisors assume it’s a seller’s market, where they're in the driver’s seat and have a free pass to act without concern for how they come across to the hiring manager. They often barrel forward with the demeanor of someone who’s ready to fight for the best deal on a new car. But being unkind to recruiters is not likely to get you what you want—a positive attitude is more likely to attract positive results.
Added on October 2017 in Join an RIA
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Summary: Here are some high notes from Ric Edelman's latest book, "The Truth About Your Future: The Money Guide You Need Now, Later, and Much Later" (Simon & Schuster, 2017).
Expect to live longer, work longer, and get more free stuff, says the the chairman and co-founder of Edelman Financial Services.
Added on October 2017 in Join an RIA
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Summary: Big RIA firms are paying more to ensure they have good talent, writes FinancialAdvisorIQ.This year, 92% of all large advisory firms increased salaries across the board, the publication says, citing a Fidelity report. And nearly 50% gave raises “that outpaced the national average for their respective positions,” the publication says.
Added on October 2017 in Join an RIA
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Summary: As the largest independent advisory firms continue expanding, something unexpected has happened along the way. The typical professional at one of these firms is no longer "independent" in the sense that he or she is an owner of the business. Instead, that individual is an employee of the firm.
