5 Books For Every FA’s Gift Or Reading List
As 2024 comes to a close, financial advisors have an excellent opportunity to expand their knowledge and prepare for the challenges and opportunities of 2025. Whether you’re looking for your next great read or selecting a thoughtful gift for a colleague, these five books offer insights into emerging trends, global dynamics, and timeless strategies relevant […]
UBS Adopts Best Ball Format In 2025 Comp Plan
UBS has joined Morgan Stanley, Wells Fargo, and Merrill Lynch in unveiling updates comp plans for 2025 aimed at growth and profitability—but not without ruffling some feathers. UBS made waves with its decision to abandon its unique team-based grid rate system in favor of what looks like a “Best Ball” approach, where team members’ payouts […]
When Is the Right Time to Leave Edward Jones?
In wealth management it’s not uncommon for advisors to reach a point where they question if their current firm is helping them reach their full potential—or holding them back. Recently, a Reddit user anonymously shared their thoughts on leaving Edward Jones (EJ) after six years, managing a $70 million book with a $500,000 trailing 12-month […]
B. Riley Firesale Tells Remaining Advisors Exactly How Much They Are Loved
Unlike in pro sports, the wealth management space doesn’t have a trade deadline, but if it did B.Riley and Stifel just made a huge deadline deal, and the optics are…awkward. According to AdvisorHub, B. Riley Financial Inc. is handing over a portion of its wealth management division to Stifel Financial Corp. for up to $35 […]
‘Unreasonable’ Advice For Financial Advisors From Will Guidara’s Playbook
Will Guidara, recognized for his transformative influence on hospitality through his work at Eleven Madison Park, as well as his roles as writer, co-producer, and actor on the TV show The Bear and author of the New York Times bestseller Unreasonable Hospitality, offers insights that financial advisors can adapt to enhance client relationships and service. Here are a few key takeaways that advisors might consider:
First Wave Of 2025 Comp Plans Announced
As the year comes to a close, many advisors contemplate a transition to a new broker-dealer, drawn by the promise of fresh opportunities and advanced technology. But before you make that leap, it’s crucial to pause for a gut check. Are you moving towards growth or simply escaping frustrations? Will your clients benefit from this change? Evaluating multiple offers and maximizing your transition package can make all the difference. Discover how a brief reflection can lead to a more informed decision and ultimately enhance your practice. Ready to explore your options? Let’s dive deeper!
Assets Move: The Question Is Should You?
As the year comes to a close, many advisors contemplate a transition to a new broker-dealer, drawn by the promise of fresh opportunities and advanced technology. But before you make that leap, it’s crucial to pause for a gut check. Are you moving towards growth or simply escaping frustrations? Will your clients benefit from this change? Evaluating multiple offers and maximizing your transition package can make all the difference. Discover how a brief reflection can lead to a more informed decision and ultimately enhance your practice. Ready to explore your options? Let’s dive deeper!
Keep Your Head on a Swivel: What NFL Quarterbacks Can Teach Financial Advisors About Navigating Transitions
Prefer to listen to this article as a podcast? Click here. With football season kicking off next week, I couldn’t help but think of one of my favorite phrases: “keep your head on a swivel.” While this advice is crucial for NFL quarterbacks like Patrick Mahomes or Josh Allen, it’s just as relevant for financial […]
With B. Riley Hitting Bumps, What Should Advisors Do?
Prefer to listen to this article as a podcast? Click here. For financial advisors, the choice of broker-dealer (BD) is a cornerstone of their practice. It’s not just about the products or services offered; it’s about the reputation and stability of the BD that underpins the trust you’ve built with your clients. But what happens […]