From InvestmentNews
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Summary: HighTower Advisors added a record eight teams during the first half of the year, attracting $2.54 billion in assets by either buying advisory businesses or folding them into a platform where owners give up a portion of revenue for services in technology, investment research and compliance.
From Financial Planning
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Summary: Over time, the pain of staying in a wirehouse environment can outweigh apprehension over the work it takes to leave, two veteran advisers told participants in a Financial Planning webinar covering the challenges of going independent.
From Think Advisor
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Summary: By now, most financial advisors are aware of the benefits of social media to keep them in front of clients and prospects, but simply signing up on Facebook or Twitter is not enough. When it comes to truly leveraging social media to strengthen relationships and increase referrals, there are tangible tactics that advisors can put into place.
From On Wall Street
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Summary: We no longer live in a society where you work the same job at the same company for 30 years and then retire. More often than not, people change for a growth opportunity, or they don't put too much thought into it and simply decide to move elsewhere.
From Financial Planning
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Summary: For millennials, financial literacy is under taught and its value under appreciated, says Julia Buchholz, a senior at the University of Illinois Urbana-Champaign.
