Updated Wednesday, October 22, 2014 as of 12:59 AM ET

The Loyalty Question: How Can Big Brokerage Firms Keep Advisors in Their Seats?

Loyalty. It's a hot topic when you're talking about investor-clients and their loyalty to their financial advisors. But it's also a real issue for the large, elite brokerage firms who are fighting to keep their advisors in their current seats.

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Comments (3)
Loyalty is earned. It is partially earned when the firm assist the advisor in growing the advisor's business. Many advisors i talk to tell me they distant themselves from their firms because their firms hurt their ability to grow. In those cases it will be futile
Posted by John S | Thursday, September 06 2012 at 12:30PM ET
A poor article. By asking the question in the headline you imply your article might offer a potential solution. The article did nothing but state there is a problem.
Posted by Doug B | Thursday, September 06 2012 at 3:17PM ET
Cross selling is one of the biggest issues I am hearing from Financial Advisors- one FC at a bank owned wire house told me his clients were being solicited by their firm when they logged out of their client portal with a statement something like this " would you like to find out about FREE on trading" thus the FC is really competing with his firm.
Posted by William G | Saturday, September 22 2012 at 7:26PM ET
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