Merrill’s New Comp Plan: Another Push Away from Smaller Accounts
Merrill Lynch has unveiled details of its 2026 compensation plan, and one change stands out above the rest: the definition of a “small household” is doubling from $250,000 to $500,000 in assets. On the surface, it may look like just a recalibration for inflation and market growth. But in practice, it means that more client […]
What Ed Jones Advisors See When They Peer Over The Fence
On paper, Edward Jones has bonafides that seem enviable: a stable brand, a proven operating model, and a supportive culture. Yet the firm has also been dogged for years by the perception that it is a “junior level” platform, a place where new advisors cut their teeth but not necessarily where elite producers build their […]
The NFL Stat Advisors On The Move Need to Focus On
In football, some of the most electrifying plays start small and end big. Think of that short screen pass that turns into an 80-yard sprint to the end zone. That extra burst of speed, the vision to find open space, and the ability to break tackles lead to big gains. This is captured in a […]
Advisors Want More Than Independence
A new DeVoe & Company survey, reported by AdvisorHub, points to a troubling trend among RIAs: attrition is ticking up. Nearly one in ten RIA leaders said they are experiencing “much higher” advisor turnover than before, while another 20% reported “somewhat higher” levels of departure. The reason? A lack of career development and training. According […]
Another Big BD Set To Add Fees: How Much Are You Paying?
Another headline-making wealth management firm has announced a new layer of fees on client accounts. It’s part of a growing industry trend, firms quietly introducing additional charges that often fly under the radar. Here’s the challenge: most advisors don’t actually know what they’re paying in fees. Many haven’t reviewed their costs in years, assuming the […]
Two-Minute Drill: There’s Still Time to Win Big With A Transition Before Year-End
Football season is kicking off, and if you are an advisor considering a move, it is hard not to draw a parallel between this moment on the calendar and the two-minute drill. In football, the two-minute drill is not about panic or desperation. It is where the boldest plays happen. The pace gets faster, decisions […]
RayJay Put $1.54B on The Table In Recruiting Wars
Raymond James is putting serious money behind its recruiting push. The firm has grown its recruiting loan balances nearly 20 percent over the past year to $1.54 billion, a clear signal that leadership is serious about attracting top producers. CEO Paul Shoukry has described the firm’s recruiting pipeline as “robust” and accelerating at a pace […]
The Death of Dial-Up: What It Means To Advisors
In September 2025, AOL will finally shut down its dial-up internet service, ending more than 30 years of a connection method that once defined how millions experienced the online world. For those who remember the whirring modem tones and the thrill of seeing “You’ve Got Mail,” dial-up was more than a technology — it was […]
The $2.5 Trillion Dollar Elephant In The Room
According to Cerulli Associates, 37% of financial advisors are set to retire in the next decade, and those advisors collectively manage more than $10 trillion in assets. That alone is a generational shift. But here’s the part that should sound the alarm: 1 in 4 of those advisors don’t have a succession plan. That’s roughly […]