Blogs

The big four, Merrill Lynch, Wells Fargo, Morgan Stanley and UBS are now losing more reps to independent broker-dealers than ever before. In the past, wirehouse advisors felt the need of a big brand like the bull at Merrill Lynch or the stagecoach at Wells Fargo to gain trust and assets, but that is far […]

Sound unreasonable? Yes, because it is! It is possible to get one or the other but not at the same time. If anything, payouts are going lower and lower every year. However, there are more important issues looming over the Broker-Dealer industry, and it’s not the end of the world as predicted for September of 2017,

Finding a New Broker Dealer in today’s economy? Better call a divorce attorney… and a marriage counselor it’s just about the same!      The perfect storm is brewing and nobody really knows where to turn. Smaller boutique broker dealers having been a growing trend but now many of those are being forced to consider their own

Nothing is more frustrating than having to call clients for another signature because you either forgot paperwork, your broker dealer didn’t let you know of a new disclosure form or your assistant didn’t give you the right application before you drove 3 hours to a client meeting except…                           changing broker dealers again! With the introduction of the new Department of Labor- Best Interest Contract – coming up in 2018,

Back in the early 2000’s there was a TV series I used to like called Freaky Stories where every episode started with: “This is a true story, it happened to a friend of a friend of mine” The show stretched common urban legends and the point was that some stories are so absurd, so improbable, they couldn’t

Even thinking about leaving a Broker Dealer creates anxiety with many financial advisors. “Should I stay or should I go now? … If I stay there will be trouble – if I go it will be double.”                                                            – The Clash That may be true for many turning points in your life and it clearly holds

The television show Deal or No Deal became a big hit in 2005 with 26 numbered boxes paired with 26 models poised to reveal the contestant’s “deal” to the world. It was a show that involved little to no intellectual capital to win. Choose one box and decide how stubborn or greedy you wanted to be. Keep