It is simply unrealistic and counter-productive to assume there will be no hiccups of any kind when transitioning hundreds, if not thousands, of accounts in a short amount of time.
Only 42% of applicants passed Level III in May and June, the lowest ever for the exam, which has been administered since 1963.
As big firms consolidate, more and more local branch offices are closing—and advisors are wondering what their options are.
Gerry Goldberg, CEO and co-founder of GYL Financial Synergies, describes how a simple sketch on a restaurant tablecloth turned into an RIA with 3X revenue and $8.5 billion in assets in five years.
