Tag: Career

Ron O’Hanley, who heads asset management and corporate services at Fidelity Investments, will leave the firm at the end of February.

A narrowing optimism gap puts advisers and investors in a more similar state of mind. Retention and improving service are top concerns.

Financial and retirement services provider OneAmerica announced that J. Scott Davison will become the company’s new CEO on April 1, upon the retirement of current CEO Dayton H....

Investment management firm PIMCO appointed a new portfolio management and executive leadership team.

More than four in 10 (43%) financial advisers are either at or approaching retirement age, according to research from Cerulli Associates.

Graystone Consulting, a business of Morgan Stanley, hired a team of eight investment professionals to serve institutional and individual clients in Southern California.

RCS Capital Corporation (RCAP) will purchase J.P. Turner & Company LLC, an independent broker/dealer and investment banking firm, and its affiliated advisory company for $27 million in aggregate...

Mary Ann Picciotto will join OppenheimerFunds as chief compliance officer.

Philip Poole has joined Deutsche Asset & Wealth Management as head of research, a new role for the firm.

Global asset manager Russell Investments has appointed Josh Cohen, CFA, as managing director, head of institutional defined contribution (DC).

Wells Fargo announced a leadership change in its institutional retirement business.

Investment and consulting solutions provider AssetMark released a business assessment tool to help advisers measure practice values and identify growth opportunities.

Edward Jones created FORCES last year to provide training and a compensation package to smooth the transition to a financial services career for veterans.

A planned expansion of approximately 200 advisers will give TIAA-CREF a total of more than 650 advisers in its individual advisory services group by the end of 2014.

They have yet to get around to it. Some say they just do not need to. A substantial number of investors have not developed a financial plan, Nationwide...

The Financial Industry Regulatory Authority (FINRA)’s board  approved a proposal requiring brokers to disclose compensation paid as an incentive to move to a new firm.

Advisers have many fears when considering switching firms or going independent.

What are the best ways to go about attracting advisers to a firm when it is looking to expand?

Terminations, retirements and those exiting the industry by choice have all taken their toll on the adviser headcount, which slipped 1.4% in the past year.

Unsurprisingly, client retention is one of the top areas of focus for advisers who make the move to the independent model.