Subscribe

Escalating economic drama dampens appetite for adviser moves

adviser recruitment

Financial adviser moves are up 3.8% year over year through the first five months of the year but down when compared to their most recent high in 2019.

This article is one in a series of midyear outlooks for 2022 by the InvestmentNews team.

Financial adviser recruitment and brokers hopping from firm to firm are creeping slowly but steadily back to levels last seen in 2019, the year before Covid-19 struck.

The pandemic halted businesses of all

Subscribe or log in to read the rest of this content.

Related Topics: , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Broker who took client funds for 17 years is barred

"A broker admitting that he has been ripping off clients for 17 years is beyond troubling," said one attorney.

SEC boots California RIA linked to crypto, private funds

"Nobody knows what’s happening internally in these pooled funds at the retail level," said one plaintiff's attorney.

Former head of Osaic B-D lands at AssetMark

"Having relationships with financial advisors is one of the greatest assets these senior executives possess," said one industry official.

Colorado bars advisor over high-risk options trades

"Buying options is fraught with risk for financial advisors," one attorney noted.

Finra bars two ex-Raymond James advisors who sold unapproved products

Firms must take reasonable steps to avoid financial advisors' selling away, one compliance expert noted.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print