Wells Fargo continues to be the most aggressive 'buyer' in the wealth management recruiting market. And based on their current print in DC they just flexed their muscles again. Capping…
UBS has taken an aggressive approach to recruiting ever since the bell rang on 2020. And they’ve aimed specifically at big teams in private banking roles in money center cities.…
JP Morgan has decided to slash advisor payouts on some packaged products as of yesterday in a memo that was viewed by BrokerChalk and discussed with several advisors at the…
Whispers are beginning to make their way to our big ears. The exit out of the broker protocol by the likes of UBS, Morgan Stanley and other large firms has…
It is well documented here that we think Tom Buck got a ridiculously raw deal. Sure, there may be details that we aren’t aware of, but getting a 40 month…
Indie Firms Fall Way Behind In Recruiting; And It’s Not Just About ‘Deal Size’, Blame Private Equity
It would be easy to explain away the slow finish and slow start (2019/2020) in recruiting for independents and RIA’s by citing the explosion in deal size at the wires…
The Securities and Exchange Commission (SEC) has clarified when broker-dealers and their registered representatives would be permitted to use the terms ‘advisor’ or ‘adviser’ as part of their name or…
Whether you are an independent advisor, wirehouse advisor, bank broker, or any variation thereof; Wells Fargo wants to offer you a historic deal in the hopes that you will jump…