Nicholas Schorsch’s RCS Capital Corp.’s recent acquisition spree of independent broker/dealers has put the fear of God into some independent reps thinking “could my firm be next?” The fear their firms will be acquired, fundamentally changing the...

The majority of advisors participating in REP.’s 2014 Independent Broker/Dealer Report Card indicated that they are likely to remain affiliated with their current IBD during the next year. This is excellent news for independent broker/dealers, es...

New York-based Cantor Fitzgerald Wealth Partners has added advisors Jeff Schulte and Jim Hiles from Mariner Wealth Advisors, marking Cantor’s fourth acquisition in the last five months. Since Cantor Fitzgerald, known for its bond trading...

Many advisors see LinkedIn as a static webpage.  A place they create a profile and let it forever sit like a modern-day yellow page listing.  These advisors are missing the point.  Getting found on LinkedIn is a living and breathing commitment – ...

Forgiveness of firm retention packages turns the heat up on recruiting.

With more wirehouse and regional advisors seeking greater independence, control, autonomy, superior economics, and the ability to customize the client service experience, independent models have been big winners. In fact, more independent models...

About 98,500 advisors, or 32 percent of the total advisor population, plan to retire or exit the business in the next 10 years, a new Cerulli Associates report found. The average advisor in this industry is in their mid-50s and ticking upwards, y...

While a successful partnership can be great for an advisor’s business, unsuccessful ones can be a death knell.