From Think Advisor
1 visitor like this article | Viewed 4858 times | 0 comment
Summary: For successful, entrepreneurially minded wirehouse advisors, the allure of going independent is a powerful, magnetic force.But as more and more top producers opt to launch their own shops free from the dictates of big-bank employers, wirehouses are trying harder to retain them—and their client assets part-and-parcel.
From On Wall Street
1 visitor like this article | Viewed 4521 times | 0 comment
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 Nerds Eye View
1 visitor like this article | Viewed 4415 times | 0 comment
Summary: As June begins and the busy spring conference season comes to an end, it's time for the annual summer slowdown in the advisory business - when clients begin to travel and are harder to schedule for meetings, advisors themselves go on summer vacation with family, and there's a lot (or at least a little!) more time for relaxing and reading books.
From CNBC
1 visitor like this article | Viewed 5019 times | 0 comment
Summary: One of the more enduring outcomes of the financial crisis has been the migration of advisors and assets from the investment sales model of the Wall Street wirehouses to the fiduciary model of fee-only RIAs. A small but growing model, these financial professionals believe if an advisor offers product options to clients, even where appropriate, that advisor may be conflicted, regardless of disclosures
From Financial Planning
Added on June 2015 in M&A Issues
0 visitor like this article | Viewed 4706 times | 0 comment
Summary: Valuing an RIA reminds me of the classic western The Good, The Bad and The Ugly. You may recall the story of three distinct characters racing to dig up gold buried in a graveyard. Each of the characters is a succinct manifestation of the different ways to value an advisory firm.
