Industry Perspectives by Frank LaRosa; Buyer Beware: The New 10% Wells Fargo Recruiter Deal is the Industries New B-Share.
Wells Fargo recently announced a new recruiter incentive commission to any recruiters that refer advisors to Wells Fargo.
INDUSTRY PERSPECTIVES FROM FRANK LaROSA; Ground Control to Major Tom – Robo-Advice Technology Gains Momentum in the Financial Services Industry
Last week, UBS unveiled its Advice Advantage Platform, a service platform which allows customers to transact their business virtually with a human-assisted robo-advisor.
Industry Perspectives from Frank LaRosa; Strength in Numbers – Statistical Trends Show the Growing Power of the RIA
An interesting statistic emerged recently from Cerulli Associates that states independent advisors will control more assets than wirehouse firms by 2020. This information comes as no surprise to our team here at Elite Consulting Partners
Industry Perspectives From Frank LaRosa – The Winds of Change Continue to Blow at Morgan Stanley
‘Fasten your seat belts, it’s going to be a bumpy ride’, might best describe life at Morgan Stanley as last week ushered in another round of dramatic leadership shifts within the organization.
Why Brokerage Firms Left the Protocol — and What Will Drive Them Back – Industry Perspectives From Frank LaRosa
We are pulling out of the protocol because we are going to put more resources back into supporting our advisors. This is the line, more or less, touted by firms like Morgan Stanley, UBS and Citigroup at the end of 2017 as they departed the Protocol for Broker Recruiting in favor of their own internal structures and incentives to retain advisors thinking of making a move.
