The Client: Finding and winning new clients

• January 15, 2021

  Edward Jones Loses FAs With $346M in Client Assets to RayJay's Concurrent

  The advisors collectively managed more than $346 million.

  No Comments
• January 15, 2021

  Wells Fargo FA Count Down 6% But Client Assets Up 6% YoY

  The company saw healthy growth in net income in the last quarter of 2020 but it wasn’t enough to offset poor results earlier in the year.

  Last Comment: January 15, 2021
  1 Comment
• January 15, 2021

  Advisor Group Hires Former Schwab Tech Exec to Aid Digital Buildout

  Peter Clemson, most recently CEO of Evati, has joined Advisor Group as a senior vice president for digital solutions.

  No Comments
• January 15, 2021

  Waddell & Reed's Client Assets Up in December Despite Outflows

  The company saw $584 million in net outflows but rising markets helped the firm’s client assets grow by $2.4 billion during the month.

  No Comments
• January 15, 2021

  LPL Snags Trio of Advisors With $175M in Client Assets From Avantax

  The three advisors, all of whom are certified public accountants, are now aligned with JFC Financial, which joined LPL in 2020.

  No Comments
• January 15, 2021

  RBC Wealth Mgmt Lures Two Teams With $900M in Client Assets from UBS

  The Burt/Adams and Ernst/Stark groups have joined RBC in Lincoln, Neb.

  No Comments
• January 15, 2021

  Beacon Pointe Advisors Adds Two Wealth Mgmt Practices

  CDA Group and Essex Wealth Management collectively manage around $620 million.

  No Comments
• January 15, 2021

  JPMorgan Asset and Wealth Mgmt Assets Up 17% YoY But Net Income Down

  The unit ended December with 58 fewer advisors than it had three months earlier.

  No Comments
• January 14, 2021

  Cetera Adds $4B Wealth Management Practice

  BAR Financial had close to $4 billion on Cetera’s My Advice Architect advisory platform.

  No Comments
• January 14, 2021

  More Advisors Are Charging Separate Financial Planning Fees. Here’s Why

  For clients, the benefits include a clearer explanation of what they are paying for; for advisors, the benefits include a stable source of revenues, according to industry executives.

  No Comments