A holiday poem — from a headhunter?

Twas the week after Christmas, with most of Wall Street away – Except perhaps Regions bank – Who is buying Morgan Keegan today?
JAN 03, 2012
Twas the week after Christmas, with most of Wall Street away – Except perhaps Regions bank – Who is buying Morgan Keegan today? Employees hope their evaluations are fair Wishing that their bonuses, come February, are still there. Branch Managers relax, because end of year movement has stopped. But watch out for the long weekends ahead, many offices will pop. With some bonuses forgiven, and loyalty largely gone, Advisers are not happy, but hardly forlorn. Because even with brands beaten up and stock prices low, Opportunities abound, many have an “up front” type of glow. Go indy, go regional, breakaway or stay large, It's clear more than ever that big producers are in charge. Layoffs are still common and quarterly results still drive Senior management decisions: “I need to keep MY job alive!” Every year's a new scandal, what will it be in the new year? Which firms will thrive and which will disappear? With stock prices dropping, shareholders despair, And some Advisers wonder, “will my firm still be there?” So as 2011 draws to a close, I have many thanks I would like to propose: Thanks to the Advisers with whom I speak every day, Thanks to my Clients, for whose success I do pray. Thanks to my readers, some nasty, some polite. Thanks to IN, for letting me write. Thanks to my colleagues with whom I work and I play, But most all, thanks to MY “shareholders,” to whom I go home every day.

Latest News

Integrated Partners, Kestra welcome multigenerational advisor teams
Integrated Partners, Kestra welcome multigenerational advisor teams

Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.

Trump not planning to fire Powell, market tension eases
Trump not planning to fire Powell, market tension eases

Futures indicate stocks will build on Tuesday's rally.

From stocks and economy to their own finances, consumers are getting gloomier
From stocks and economy to their own finances, consumers are getting gloomier

Cost of living still tops concerns about negative impacts on personal finances

Women share investing strengths, asset preferences in new study
Women share investing strengths, asset preferences in new study

Financial advisors remain vital allies even as DIY investing grows

Trump vows to 'be nice' to China, slash tariffs
Trump vows to 'be nice' to China, slash tariffs

A trade deal would mean significant cut in tariffs but 'it wont be zero'.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.