2024年11月4日 · Stifel Financial has reached an agreement to acquire a portion of B. Riley Financial's wealth management unit.. Stifel will onboard "[a]n expected 40 to 50 advisors, along with the associated customer accounts," from B. Riley's W-2 wealth management segment, B. Riley said Friday in an announcement.

2024年10月29日 · This story originally ran on Financial Advisor IQ sister publication Ignites. LPL Financial is piloting a program for financial advisors who want to custody assets with an outside provider, a regulatory filing from last week notes.. Through the new Access Portfolio Program service, LPL advisors will provide tailored investment advice for the purchase of products, such as mutual funds, exchange ...

2025年1月8日 · This is the fourth article of Financial Advisor IQ's five-part special report on the outlook for alternative investments in 2025. Technology improvements have opened the door for financial advisors to direct more of their clients' assets into alternative investments. Platforms such as iCapital and ...

2024年10月24日 · A year after adding perks and rolling back some criticized components of its compensation plan for financial advisors, Merrill Lynch revealed that it is largely sticking with the same pay structure for 2025. The wirehouse will make no changes to its compensation grid rates, hurdles or payouts, according to a source familiar with the plan.

2024年12月30日 · JPMorgan Chase has ambitious goals for growing its business with do-it-yourself investors, according to Barron's.. The company's self-directed brokerage platform, launched about six years ago, is approaching $100 billion in assets, after an 80% increase over the previous two years, the publication writes.

2024年12月9日 · Wells Fargo Advisors is rolling out a new workstation for its financial advisors in a bid to streamline wealth management tasks and create additional time for working with clients, according to its top executive.. The firm in late November rolled out Advisor Gateway to replace its aging SmartStation platform. The new platform offers a single entry point to numerous applications and differs ...

2024年6月13日 · Even as Citigroup is slashing thousands of jobs as part of its massive overhaul under Chief Executive Officer Jane Fraser, the firm is looking to expand its financial advisor ranks with new deals aimed at larger producers, according to news reports.. The goal is to grow the number of advisors in its Citigold unit — one of the bank's three wealth management units, aimed at investors with ...

2024年10月28日 · This story originally ran on Financial Advisor IQ sister publication Ignites. Vanguard will shutter its legacy mutual fund platform at the end of 2025 after nudging clients to migrate to its brokerage platform for roughly a decade, a company spokesperson confirmed.. The firm is working with Transfer Agent platform holders to transition them to its Vanguard Brokerage Account platform, a company ...

2024年10月3日 · Morgan Stanley Wealth Management, in its freshly announced 2025 advisor compensation plan, has doubled down on the firm's efforts to grow assets organically through referrals across business lines.. The 2025 plan, announced this week in an internal memo, excerpts of which were viewed by FA-IQ, increases incentives for advisors who share accounts with corporate retirement directors, corporate ...

2025年1月2日 · Spend More! Finance Pros Tell Wealthy Retirees. Advisors can help frugal retirees have a more pleasant retirement by identifying aspects of their life they can spend more money on, according to The Wall Street Journal.