Articles tagged "Finetooth Consulting"


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FiNet welcomes six wirehouse defectors at the apex of a withering Wells Fargo bank scandal that 'has legs'

Wells Fargo Advisors and FiNet ADVs warn of some cross-selling as RIAs eye Wells Fargo to see if the only wirehouse attempt to support independents will succeed, fail or end in confusion

September 29, 2016 — 7:15 PM UTC

Why Lightyear's purchase of AIG Advisor Group isn't a Cetera-type fixer-upper case and how Donald Marron will respond accordingly

The New York-based private equity firm picked up ING's brokers in 2009 for a song after market meltdown but AIG networks has intangible value as a survivor

January 26, 2016 — 8:47 PM UTC

Scrutinizing -- and celebrating -- Schwab's plan to build 150 branches, at $1 million per throw, and people them with thousands of home-grown advisor talents

The renaissance involves minting advisors as Schwab's retail chief Teri Kallsen offers up a bold vision of bigger, better branches

September 16, 2015 — 6:49 PM UTC

The odd case of MetLife's claim that it's being bullied by LPL

The $60 billion market-cap insurer alleges LPL was underhanded in luring away 60 employees -- but thousands have already left its broker-dealer without LPL's help

August 18, 2015 — 5:07 PM UTC

How LPL used its RIA love and long OSJ leash to lure Wells Fargo's $550-million FiNet team in Louisiana

The giant IBD showed its RIA side and its ability to oversee the launching of an OSJ model

November 19, 2014 — 10:48 PM UTC

The backstory of how a Merrill UHNW team found love in the time of U-5 -- but not with an RIA

Recruiters are still a little baffled as to why the $2.5-billion firm skipped a chance to go independent with a 'compelling story' but chose the comfort of the familiar business model -- and an office of their own

October 23, 2014 — 6:53 PM UTC

Ryan Marcus leaves RBC Advisor Services as clients and recruiters openly speculate that his drive was mismatched with his giant employer's bankerly ways

Despite a string of high-profile departures, RBC's US brokerage subsidiary is determined to keep a hand in the RIA custody business

August 6, 2014 — 12:38 PM UTC

The perplexing case of Wells Fargo's non-wirehouse advisors: A blueprint for Merrill, UBS and Morgan or a cheap lesson in what not to do

The good news is that FiNet is the fastest growing channel at Wells Fargo; the bad news is that its brand and compliance can be hindrances

July 29, 2014 — 9:14 PM UTC

How Steve Foldes merged his $600-million RIA with mentor (and former advisor) Harold Evensky creating a $1.5 billion Florida behemoth

The former sandal magnate got rich at 35, became an Evensky client, a rival and now a partner

June 19, 2014 — 4:34 PM UTC

Victor Fetter turns his guns on LPL's thorniest software challenge -- 21st century performance reporting

The former Dell guru eschews a best-of-breed strategy as his firm plays a game of catch-up under a big tent

April 21, 2014 — 3:36 AM UTC

Fidelity Institutional bags Pershing's RIA sales chief and gives him a lesser title

The prize is Tom Valverde who Pershing replaces with Ben Harrison

April 17, 2014 — 3:20 PM UTC

What Derek Bruton's replacement may say about the departure that still has people shocked

Bill Morrissey is known to grind out quantifiable results

April 14, 2014 — 6:52 PM UTC

What is the story with Derek Bruton's sudden LPL departure?

The powerful veteran seemed to be in the prime of his career and rising with a long track record of goodwill

April 6, 2014 — 5:23 PM UTC

Nicholas Schorsch explains why buying Cetera makes him a white-hat magnate in a black-hat world

The RCS chairman says the whole purpose of buying IBDs is to diversify away from product sales

February 4, 2014 — 3:00 PM UTC

AIG puts its once-tarnished brand on a small band of obscure insurance brokers -- perhaps testing the waters for Royal Alliance and friends

The insurance giant isn't ruling out whiting out the motley brands of Royal Alliance, FSC, SagePoint and Woodbury

January 16, 2014 — 10:03 PM UTC