It’s no surprise that younger advisors have fewer assets under management, yet they are growing at a faster clip. Advisors under the age of 35 reported managing $69 million in assets on average, compared to the $128 million managed by advisors ag...
Of the advisors who participated in the 2015 Broker Report Card, 21 percent were women. Eleven percent of advisors were under the age of 35.
Battle of the Sexes
Female brokers make a third less than their male counterparts, according to th...
The Department of Labor is set to rule that brokers working with retirement accounts meet a fiduciary standard. Half of older advisors believe that will have a negative impact on their business, productivity and clients; younger advisors are less...
For those advisors employed at national broker firms, overall satisfaction took a hit as markets remain uncertain. But helping to boost firms’ approval ratings is the investments firms have made in areas like technology, leadership and some busin...
Merrill Lynch released its compensation plans for 2016 on Wednesday and while it is not changing the payout for its bigger-producing brokers, it increased the productivity range thresholds by $50,000 for advisors who generate less than $1.5...
Just a day after Moody’s downgraded its debt, RCS Capital said it will shut down its wholesale broker/dealer business to focus on the retail brokerage business Cetera Financial Group...
