Advisor recruiting is constantly roiling the wealth management industry.
This past week was no different. Scroll down for a list of some of the biggest advisor and executive moves in recent days.
Cetera also announces the retirement of its longtime CEO at the end of the year.
Merrill's digital match program is finding client growth by using an algorithm to pair clients and advisors largely based on personalities rather than asset distribution. Meanwhile, Mercer Advisors uses human matchmakers.
Regulators say Invesco felt pressure to overstate its investment support for environmental, social and governance causes for fear that hundreds of billions in AUM would walk out the door.
Women clients tend to seek advisor referrals from other women and prioritize long-term planning, an Edward Jones study indicates.
The criticism from the largest brokerages, investment banks and asset managers runs the other way from that of planners who argue the guidelines are insufficient.
Edward Jones' 2024 winning streak continues. In the third quarter, the firm's advisor headcount expanded and its net revenue rose by double digits.