The deal to buy the accounting firm was directly influenced by the increasing commoditization of investment management.
Dan Overbey, president of BISA, and president and CEO of Atlantic Capital Advisors, outlines his top three issues regarding long-term training for bank advisors.
Many advisors miss the old culture at their firms. What exactly are they longing for?
Forming a practice with your child or another family member may seem like a great idea, but experts warn they take just as much work as any other partnership.
The industry's top young producers share how they made it to the top.
On Wall Street annually honors the industry's top young producers. Advisors ranked numbers 31 to 40 share their secrets.
As organizations grow and develop different cultures, they require varying skills. Make sure you're able to adjust.
BIC's Top 50 came out last month, as well as the Next 50. Combined, they highlight the top 100 advisors in the bank channelmeet number 101.
You'll get a stronger group effort if you emphasize common vision, diverse skills and open communication.
Two changes will come into effect by July -- an alternative capstone course, and a broadened definition of experience requirements.
Here are 21 simple steps to make 2015 a great year for you, your clients and your business.
Ultrawealthy clients can be tough customers. One expert suggests a few ways to stay in their good graces.
The CFP Boards first computer-based exam attracted over 2,100 applicants.
Robert Shick, Baird branch manager, explains how a cancer diagnosis changed his life. "I have received so much more than I could ever give."
Advisors thinking of resigning need to avoid the pitfalls--here's a primer on how to consciously uncouple from your employer.
Moving into management isn't a natural progression for some. It requires a different skill set and it's not always the most successful advisors who make the grade.
Alex Vicencio, a financial advisor at Wells Fargo, says that building a business one client at a time was the biggest challenge he faced as an advisor in his 20s.
If you want a better talent pipeline, you should get closer to the institutions minting new CFPs. See how several firms are doing it.
We found a few firms that were getting it right on recruiting next-gen planners. Check out their road map.
Veteran CFP professionals are beginning their own retirement at the worst possible time, when more people need their help than ever. Here's how the CFP Board aims to address the problem.
Wealth management firm Baird has developed a new way to connect with planning students at University of Wisconsin.
Some younger planners are diversifying activities and income streams to create more fulfilling - and flexible - work.
What questions are advisors not asking when buying a firm?
Financial advisors get trained in taxes, but many times its just a basic framework for how to structure investments. A CPA can bring a much deeper level of understanding to a clients tax situation.
Planners who started their professional lives in other fields identify the crossover skills that make them successful.
Here are some smart ways to avoid the stress of juggling multiple responsibilities in your practice.
Raymond James' annual Women's Symposium, to be held Oct. 8, is due to feature leading women in the financial services industry, including Sallie Krawcheck.
Intended to help new planners jumpstart their careers, the career site is set to launch in January and will be sponsored by Fidelity.
Census Bureau data comparing U.S. racial demographics with those of advisors show the gap is big. Financial Planning's research has found it may be even bigger.
As competition for talent increases, the best way for RIA firms to hold onto top-tier employees is to make it worth their while. Schwab's 2014 RIA Benchmarking Study highlights three major steps toward building a good compensation plan.
Advisors need to take a more active role in engaging with college and university programs to help bring more students into the workforce, said industry officials at the CFP Board's recent academic conference.
Some advisors are blending their personal and professional lives to boost their business.
August has arrived and many advisors and their clients are most likely taking a much need summer vacation. But as On Wall Street found, there are some advisors who are neverly off duty no matter the season.
After working in a nuclear power station, David Fisher decided it was time for a change. His new calling? Financial advisor.
Entrepreneurial advisors are leaving the wirehouses and constructing new business models the industry hasn't seen. But before joining these trailblazers, other advisors should think about what it is they want to change.
The wirehouse aims to appeal to the next generation of advisors with its new Team Financial Advisor training program.
For clients, is one type of firm, business model or fee structure better than another?
When the market is doing so well, people develop short memories and start thinking they can manage their investments themselves.
Tommy Boyd started his practice in 1984 in Selma, Ala. Three decades later Boyd is working with multiple generations of clients across several states.
Industry changes mean branch managers risk more but earn less.
Standard monthly payments are just one of several options for paying off loans after graduation.
Investors not only want advisors to earn extra credentials, but they want advisors to work to maintain those credentials, a new study by IMCA finds.
Advisors demanded that the group help 'draw a line' between financial planners and salespeople, and help them solve other challenges.
IMCA is updating the curriculum and exams for its CIMA certification to better prepare advisors for a changing industry, the association said at its annual conference.
FINRA's broad brush strokes smear good advisors as well as the bad ones. Here are five ways that the regulator, and the industry in general, tars those advisors who uphold the law and act responsibly with the same brush.
As a young congressional intern, RBC branch manager Amy Sturtevant wanted to make a difference. A career as a financial advisor afforded her the way to do that.
Advisors, even top producers, get fired more often than you think. Recruiter Danny Sarch explains the pitfalls to avoid.
The ability of advisors to recruit and manage millennials will likely play an important role in the industry's sustainability.
Financial advisors' jobs are among those at risk as computerization threatens the U.S. workforce.
Advisory firms are embracing social media to help with recruiting and hiring talent. Keep a few rules in mind.
To build your business, get a hobby. Here are some ideas.
Advisor compensation will grow in 2014, but to earn it advisors are being pushed to sell more than ever.
Pimco's Mohamed El-Erian clashed with co-founder Bill Gross before announcing last month that he's leaving the firm, the Wall Street Journal reported.
CFP Board ads illustrate difficulties in hiring a legitimate planner; fails to address concerns about its own website.
While some financial advisors can be intentionally vague when detailing embedded risks to clients, others do not fully understand the risks themselves, says the author of a new book that looks at the "incestuous" relationship between Wall Street, Washington and regulatory agencies.
Revenue growth, profit margins, revenue per professional and AUM per client all were greater among advisors using a team approach, according to new research.
With FINRA likely to impose some kind of compensation disclosure rule this year, advisors need to think about how best to explain how they get paid to their clients.
Unaddressed problems can lead to group dysfunction, but having a difficult conversation can nip the problem in the bud and keep the office a productive workplace.