The increased competition for top talent among broker/dealer firms has caused many firms to step up the recruiting initiative, according the latest Cerulli report.
SEC charges Merrill with misleading pension clients
Broker/dealers continue to add products and services to support the retirement plan adviser
Cerulli report says fee-based compensation increases, but revenues are down
Advisers like independence- just not too much
The current turmoil threatens broker/dealers as more advisers think about going independent—when the market improves
Brokers aren’t boosting returns, study says
With the so-called Merrill Lynch Rule a thing of the past, some advisers will need to clarify their role, though it's not likely to broadly impact the managed account environment.
Edward Jones ranks highest among 10 financial investment firms in satisfying their financial advisers, receiving particularly high ratings from advisers in support, people and firm performance.