After 30 years at William Blair and Robert W. Baird, Rosa Ebling signs with the Florida-based firm’s Windy City employee-channel branch, while $2-million team led by Keith Bock in New York State leaves his home of more than 35 years.
Team with outpost in Boca Raton generated $3.3 million in production in last 12 months, Raymond James said.
Paul Reilly says advisors understand that the DOL fiduciary rule requires some compensation sacrifice but doesn’t spell out the details.
Payout rates to drop by 100 to 400 basis points for most brokers.
The firm’s traditional employee branch channel also plans its first outpost in Las Vegas.
Payout next year will be based on a total fees and commissions rather than product mix.
Merrill Lynch veteran joins sparsely populated complex near Mexican border.
Added a net 94 advisors in first three months of 2017 as private client group revenue jumped 23% while profit fell 65%.
UBS’s longtime Chicago complex manager will be chief operating officer of Raymond James & Associates.
Ex-Morgan Stanley/Smith Barney manager will be tapped to revive far-reaching branch group, some of which are leaderless after anti-money-laundering settlement.
Settlement with SEC receiver ends five lawsuits hanging over the brokerage firm related to claims that it abetted massive fraud against foreign investors.