RBC Wealth Management continues to add financial advisers from competing brokerages and has now recruited a two-person team from Stifel Nicolaus, a subsidiary of Stifel Financial Corp.
A team of four financial advisers has left Morgan Stanley Smith Barney, where they advised on $267M in client assets, to join the private-wealth-management group at Robert W. Baird & Co., according to a company spokesperson.
Stonegate Wealth Management LLC and Family Financial Research LLC announced yesterday that they have joined forces.
Although the financial services industry has seen a bit of a recovery, the market for financial advisers may still experience a contraction, according to an AlixPartners LLP survey.
In what could be an indicator that the economy is <a href=http://www.investmentnews.com/ article/20090915/REG/909159984>approaching recovery</a>, optimism is rising among affluent adults in the United States, according to data from Ipsos Mendelsohn's third online Affluent Barometer survey of this year.
Two bills aimed at protecting seniors from financial fraud were introduced in the House today, winning praise from the North American Securities Administrators Association Inc.
