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By Janet Levaux, AdvisorOne |
January 26, 2012
To help retain employee reps after the merger, the company goes below the industry norm of $500,000 in trailing 12-month fees and commissions.
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By Janet Levaux, AdvisorOne |
January 25, 2012
Private-client revenue grows 2% to $528.6 million as the number of financial advisors rises slightly.
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By Janet Levaux, AdvisorOne |
January 18, 2012
Raymond James moves to assure, retain Morgan Keegan FAs, branch managers and administrative personnel.
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By Janet Levaux, AdvisorOne |
January 12, 2012
The final purchase price is tied to the retention of advisors, while the overall deal includes special provisions related to legal issues and costs.
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By Janet Levaux, AdvisorOne |
October 26, 2011
(St. Petersburg, Fla.) Raymond James executives discussed a new training program, series of women’s conferences and other steps to keep the company on a “controlled growth path” during the firm’s annual Women’s Symposium held in St. Petersburg, Fla., in late September. “Most of our effort is put on...
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By Janet Levaux, AdvisorOne |
October 10, 2011
A recent ruling by a judge overturning a $9.2 million award in Morgan Keegan’s favor isn’t likely to give parent company Regions Financial much upside as it looks to sell the brokerage firm, experts say.
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By Janet Levaux, AdvisorOne |
September 30, 2011
As the clock keeps ticking on a possible sale, advisors at Memphis, Tenn.-based Morgan Keegan are likely to continue to leave or at least consider it, recruiters tell AdvisorOne, which drains the value of the broker-dealer to potential acquirers.
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By Janet Levaux, AdvisorOne |
July 28, 2011
Raymond James expects its advisor headcount to continue to expand this year, generally through the hiring of individual advisors and teams, but a merger or acquisition is not out of the question.
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By Janet Levaux, AdvisorOne |
July 28, 2011
While rumors persist about possible suitors for Securities America, Morgan Keegan and other broker-dealers on the market, experts say the pool of buyers has shrunk dramatically over the past few years.
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By Janet Levaux, AdvisorOne |
July 26, 2011