Why Choice Is The Ultimate Super Power For Atria Advisors
We’ve written a lot recently about the dominance of LPL in the recruiting wars. They are an absolute juggernaut right now with a value prop that is incredibly appealing to many advisors. So this next statement may seem strange – if you are an Atria advisor you might want to consider fielding offers from other […]
Rockefeller Recruiting Expansion Continues; Bank Teams In Focus
Rockefeller doesn’t seem to have any interest in slowing down its aggressive focus on recruiting large, tenured teams. Since 2018 much of that focus has been pointed at the like of Merrill Lynch, Morgan Stanley, and UBS. Lately, Rockefeller has found fertile ground in the private banking sector, luring large teams from First Republic, Truist […]
Top 5 Client Acquisition Techniques For 2024
Legendary college football coach Lou Holtz said, “In this world, you’re either growing or you’re dying so get in motion and grow.” Your regional manager (or that voice inside your head) may have said something similar. We’re one month into the new year and for many advisors growing remains the biggest to-do on their list. […]
Cresset’s Nesvold Resigns; Abrupt Departure Wasn’t A Surprise To Insiders
The wealth management industry is abuzz with the news of Liz Nesvold’s resignation from Cresset. While her departure may seem sudden to some, insiders familiar with the situation reveal that it was a well-considered decision, driven by factors such as perceived limitations and frustrations arising from shifting mandates within the rapidly expanding Registered Investment Advisor […]
What Do 1,385 Financial Advisors Know That You Don’t?
Ok, so technically the number is higher, but to keep matters clean let’s just call it 1,385 advisors, 256 in the 4th Quarter alone! That’s how much LPL’s advisor headcount jumped in 2023. To quantify that further, $80 billion in recruited assets was added to LPL in 12 months by advisors walking up to […]
T3 Top 3: Our Takeaways From The FinTech Conference
Last week’s T3 conference in Las Vegas filled attendees pockets with new insights and fresh perspectives on the ever-evolving landscape of FinTech. The team from 3xEquity were there preparing the next episode of The FA Show (our collab with AdvisorHub) and as we strolled away from the exhibit hall towards the lights of the strip, […]
Why Using A Transition Consultant Makes Sense: Busting The “Free Advice Is Worth Just That” Myth
Every year, thousands of financial advisors consider switching broker-dealers. Whether transitioning from one company to another or even exploring new channels, it’s a major decision with significant upsides (as well as some potential hassles). That’s where a Transition Consultant becomes a valuable ally – without any cost to you. Unlocking Opportunities with 3xEquity Have you […]
BlackRock And Bitcoin – Larry Fink Continues Crypto Roadshow Post Bitcoin ETF Launch
In a groundbreaking move that signals a significant shift in the financial landscape, BlackRock, the world’s largest asset manager, has embraced the world of cryptocurrencies by venturing into the Exchange-Traded Fund (ETF) space for both Bitcoin and Ethereum. (**the Ethereum ETF is still in the review process, but notably, BlackRock is 576-1 when it comes […]
Former First Republic Advisors Continue To Look For Greener Pastures (than JPM)
In a dynamic series of transitions within the California wealthmanagement landscape, Morgan Stanley experienced both gains and losses involving former First Republic advisors. Gregory G. Zappas, a seasoned broker who had produced $2 million in annual revenue from $500 million in client assets, recently joined Morgan Stanley from JPMorgan Chase & Co.’s brokerage unit in […]