1 visitor like this article | Viewed 4287 times | 0 comment
Summary: When we looked at the data from the latest compensation survey produced here at the Ensemble Practice LLC, we found that the second most common job in the advisory industry is “CEO.” Nearly every firm in the survey had a CEO. Yet when we speak with the partners (owners) of advisory firms, most tell us that there are very few “real” CEOs in the industry.
Added on October 2014 in Join an RIA
1 visitor like this article | Viewed 4062 times | 0 comment
Summary: Nearly half of advisors (49 percent) said working at a smaller company was the important reason in choosing to work for an RIA, the Schwab study found. This is even higher among younger respondents, with 68 percent of FAs under 40 saying they want to work for a smaller company.
1 visitor like this article | Viewed 3481 times | 0 comment
Summary: Multiple studies have found millennials, the generation born after 1980, tend to be pretty conservative when it comes to investing. A March study by the FINRA Foundation found just 25% of millennials consider themselves risk takers, while a survey from MFS in February called those “recession babies” a “lost generation of investors.”
1 visitor like this article | Viewed 3515 times | 0 comment
Summary: INFOGRAPHIC: Survey results draw lines between the generations of advisers
Added on October 2014 in M&A Issues
1 visitor like this article | Viewed 4067 times | 0 comment
Summary: As advisors look to mergers and acquisitions to fuel growth strategies and succession plans, firms need to look beyond the nuts and bolts of the transaction and think strategically about how a combined firm will operate, experts said this week at the FSI's financial advisor summit.
