Christopher “Noah” Geoghegan, CTFA, and Tomohiko “Tom” Minami, CFP®, CFA®, recently launched MG Partners Private Wealth, an independent practice affiliated with LPL Financial’s supported independence model, LPL Strategic Wealth Services.…
This detailed case study explores the significant challenges and risks inherent in the business models of First Republic Bank (NYSE: FRC) and Citizens Financial Group (NYSE: CFG). We delve into…
A steady stream of seasoned advisors, once stalwarts of Merrill Lynch, now charting new waters, driven by a hunger for independence and a thirst for client-centric innovation. Bank of America’s…
2023 will go down in history as the biggest year of financial advisor moves to date. The winning firm for the most departures was hands-down Merrill Lynch, a trend expected…
It’s chaos out there right now for advisors considering the worst case idea of a move. With First Republic alone, some 300 advisors are considering their various options – Plan…
We all know the story of David and Goliath, in the world of finance, we’re observing the story play out routinely as boutique firms continue to capture some of the…
The dust is yet to settle for Merrill in DC. Last week they lost a $600M team, today Mikail Qazi and Tim Martin have decided to join UBS Private Wealth.
Mikail…
There really should be memes created in honor of Andy Sieg. If there was ever a bigger corporate shill for a brand now owned by its banking overlord - it’s…
UBS has taken over the high-end wealth management recruiting market and is showing no signs of letting up. Through the first four months of 2021, ending in April, UBS has…
Stifel has been a recruiting dynamo for the past three years. The culture, leadership, and comp offered at the ‘super regional’ has resonated with wirehouse advisors seeking friendly confines. Based…