Merrill Lynch just rolled out a new 'comp plan' for retiring advisors who want to be compensated for handing their books off to younger advisors. The changes to the plan…
UBS recruiting has turned positive very, very quickly over the past 3-6 months. Nowhere is that more evident than on the west coast, and specifically, in California.
Just this past weekend…
Rockefeller remains the hottest name in wealth management recruiting in 2020. Adding big teams from wirehouse rivals by the basket full - and sizable amounts of client assets to boot.…
Paul Feinstein, one of First Republic’s ‘star’ hires nearly three years ago has taken a tumble. Having been fired from the firm he joined with great fanfare (the firing was…
The march away from Bank of America Merrill Lynch continues unabated. Large teams seem to be the greater portion of transitions walking away from what used to be the ‘thundering…
When Credit Suisse shuttered it’s US wealth management operations in 2015 they effectively forced hundreds of into ‘termination’ status. Attempting to paper over that truth with an agreement with Wells…
All over the country cell phones were hot, managers were sweating it out, and transition teams were working overtime. As expected, the long weekend produced all manner of headlines across…
First Republic just landed a massive team from Wells Fargo in Bellevue, Washington - led by Nichole Heidrick. We’ve yet to confirm final numbers, but we hear that the team…
Enough about the financial crisis already. It’s a long forgotten memory and what remains is a clear and present landscaping of highly capitalized global wealth management brands. Morgan Stanley, Wells…
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…