From On Wall Street
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Summary: Before going independent, financial advisors should make sure make that they know the fine points of the compliance rules and regulations that they will encounter.
From InvestmentNews
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Summary: The promise of a seamless technology integration in which advisers get up to speed quickly and use all of the software programs and data available to them with ease isn't a reality at most advisory firms. Not yet, at least.
From On Wall Street
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Summary: Financial advisors who are thinking about going independent have many issues to consider, from whether an independent environment is right for them, to what kind of independent model best fits their business and how it will affect their work/life balance.
From On Wall Street
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Summary: There are many reasons why financial advisors leave big firms such as Merrill Lynch or Wells Fargo and go independent. Two veteran industry recruiters – Howard Diamond, managing director and general counsel of Diamond Consultants of Chester, N.J., and Mark Elzweig, president of Mark Elzweig Co. of New York – discussed some of the top reasons advisors venture forth on their own.
From InvestmentNews
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Summary: Market appreciation alone doesn't explain the continuing growth of the RIA channel. Overall, there was a 21% increase in the total assets under management of all included firms in the InvestmentNews RIA Data Center, from $1.1 trillion at the same time in 2014 to $1.3 trillion this year. Ten states in particular saw asset growth of over 40% — Massachusetts, Texas, Maryland, Virginia, Missouri, Tennessee, New Hampshire, Utah, Nevada and South Dakota — while no others saw growth of over 30%.
