How Frank Campanale's E.F. Hutton resurrection, a TD management hire and upbeat advisors electrified IMCA's annual conference
More than 1,500 advisors came to the Potomac -- including more than a few of Campanale's Smith Barney Consulting alumni
C. J. Williams
I was at the IMCA Conference. I spoke with Frank. He was very clear that EF Hutton was announcing that it would launch later in 2012. Contrary to the impression left by this article, it was obvious that they were well-prepared for the attention. Frank said they are planning an innovate approach that they will announce when they launch. And, Frank said that they would unveil their plans later – at the point they launch. Obviously they purposely decided not to reveal their specific plans. Their website in this pre-launch stage is www.efhuttoncompany.com The site doesn’t provide much info at this point. Anyway, Frank is one of the most experienced people in the industry and has been involved in some innovative things that changed the industry. I think it’s best not to under-estimate the man. Certainly reviving EF Hutton is unique – a really brilliant move. I am looking forward to hearing what EF Hutton will be doing.
Eric Mabius
When stock market was doing well, all my friends, portfolio had much higher return on investment than mine because I had kept my portfolio to be a balanced portfolio with 50% invested in annuities with <a href="http://www.conseco.com" rel="nofollow"> Bankers Life </a> & rest was in stock market but with solid companies. But, recession hit hard my 50% of portfolio but since I had fixed return from annuities – I was the winner at the end. I actually advise everyone to do that – it is must to keep your portfolio balanced & Invest only in solid fortune 500 companies. We must learn from our mistakes & not repeat them.
Related Moves
Manish Khatta unapologetically lowers boom on remote-working staff and corrals them in a suburban Washington, D.C., office building to better manage skyrocketing growth
The TAMP CEO says that selling his company was the only other option to renting a big space, and risking offending staff
November 21, 2024 at 2:13 AM
Another A-list RIA Schwabbie lands on his feet -- this time at DeVoe & Co. -- after TD Ameritrade merger displacement of 2,000-plus
Tony Parkin takes the reins as president of the San Francisco M&A shop and reunites with ex-Schwab boss who left 14 years ago
May 10, 2024 at 1:29 AM
Bill Crager is dropping CEO role after multiple shoes dropped; the company insists it was his 'decision' but vision, Yodlee future uncertain
The co-founder of the $5.3-trillion AUA outsourcer of software and investments was pressed to take the job under the most adverse circumstances, then second-guessed by stakeholders as he managed the cards he was dealt.
January 9, 2024 at 4:09 AM
A canary in the coal mine, Amy Richardson left Charles Schwab & Co. for an RIA -- before the 2,000 layoffs -- now a robust job market is saving the Schwab diaspora, she says
The former Schwab director wants former colleagues to know life exists after Schwab and good job opportunities are plentiful in the financial services sector.
December 20, 2023 at 1:52 AM
See more related moves
TD Ameritrade
Asset Custodian
Top Executive: Tom Nally
Investment & Wealth Institute
Association
Top Executive: Sean Walters
Nexus Strategy
Consulting Firm
Top Executive: Timothy D. Welsh