Accelerated Exec Departures At Envestnet
What is going on at Envestnet? Envestnet, a leading provider of technology-driven solutions for financial advisors, has seen a series of executive departures that have left the industry buzzing with speculation. While the reasons behind each departure might vary, the collective exodus raises questions about the future direction of the company and the potential implications […]
Positive Changes To Regional Roles At Wells Fargo; Adds JPM Leader To Roster
Wells Fargo Advisors has made some remarkably positive strides in executive leadership, showcasing the strength and depth of its talent pool with the recent promotions of Barry Simmons and James Craven, as announced in a memo to employees by Sol Gindi, the head of Wells Fargo Advisors. Barry Simmons, who made a significant career move […]
3 Of The Biggest Advisor Moves Of Q1 (And Why Your Move Might Be Next Up)
The first quarter of the year witnessed several notable moves within the industry, showcasing both the continued competition among firms vying for top talent as well as comfort among advisors (and their clients) spurred by a calming of the markets. Factors remain in place that should be viewed as encouraging by advisors curious to explore […]
5 Ways To %&^@ Up Your Transition
While our goal is to be as positive as possible on our blogs and podcasts about transitions, the truth is now and again we come across situations where people have majorly screwed things up for themselves. In the spirit of learning from other’s mistakes (and maybe laughing just a bit), here are 5 ways to […]
The Perils Of Outside Business Activity
Another FINRA classic when it comes to enforcement action; and this time the spotlight shines on William D. Williford, a seasoned financial advisor with nearly half a century of experience at Morgan Stanley and its predecessor firms. Opting to conclude his illustrious career rather than engage in a legal battle with the Financial Industry Regulatory […]
Understanding Bitcoin: An In-Depth Guide for Financial Advisors and Wealth Management Clients
Over the last decade, Bitcoin has transitioned from a niche digital curiosity into a mainstream financial asset, attracting attention from individual investors, institutions, and governments alike. This transformation has been accompanied by significant volatility and a complex underlying technology, posing challenges and opportunities for wealth management clients. For financial advisors, it’s imperative to develop a […]
Even More Top Client Acquisition Tips For 2024
Elevating Wealth Management: Innovative Strategies to Expand Your Client Base in 2024 In the ever-evolving landscape of wealth management, the quest for growth and differentiation is perpetual. As we navigate the complexities of 2024, wealth management professionals are presented with unique opportunities to redefine their approach and elevate their business to new heights. In this […]
Atria Advisors Need To Control The Conversation In Acquisition
If you’re an advisor under the Atria umbrella (Cadaret Grant, CUSO, Grove Point et al) you’ve probably had a few restless nights since it was announced that LPL would be acquiring Atria. It makes sense. One day you are just humming along, handling business the way you want with a growing BD that is seemingly […]
Data Doesn’t Lie; RIA Growth Acceleration
The numbers don’t lie; in fact, they continue to accelerate. In the evolving landscape of wealth management, the RIA trend has gathered strength over the past half-decade: a significant number of financial advisors are transitioning away from the traditional bulwarks of the industry—namely, giants like Morgan Stanley, Merrill Lynch, and UBS—in favor of joining or […]