UBS is bent on using its pay policies next year to reward advisors who stay put amid accelerating defections for rival firms.
But it’s unlikely the steady stream of exits will abate for at least a while. Both UBS and Commonwealth Financial Network, which has been losing advisors amid its acquisition by LPL Financial, bid farewell to big teams this week. Read about those and other advisor moves below, along with notable industry deals.
A new McKinsey report has outlined a trend that advisors who work with Gen Z and millennial clients already understand:...
Though assets continue to flow out of mutual funds into more tax-efficient vehicles, the threat of capital gains taxes may...
Agentic AI systems are being marketed as a way for financial advisors to offload complex multi-step workflows with minimal human...
Raymond James is expanding its investment banking capabilities with the launch of a dedicated employee stock ownership plan (ESOP) advisory...
Most RIA mission statements espouse core fiduciary tenets like integrity, excellence, putting clients first and delivering unbiased advice. Indeed, such...
Financial advisors who want clients and prospects to commit fully to the planning process need to secure buy-in from the...
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