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Dan Shaw
Verified
Reporter, Financial Planning
Milwaukee, United States
Beats
Executive education, Talent leadership, Human resources, HR leadership
I do not cover entertainment, celebrity news, sports, fashion, or lifestyle content.
Content
By Dan Shaw Verified|Financial PlanningVerifiedMore than two years after JPMorgan bought First Republic out of receivership, advisors formerly registered with the regional bank are still heading for the exits. RBC Wealth Management announced on Thursday that it had recruited a team of them previously managing $5 billion. It was just one of many recruiting deals this week involving AUM tallies well in excess of $1 billion. Read about them below.
By Dan Shaw Verified|Financial PlanningVerifiedWhen markets go up, even advisors whose compensation rates have dipped have fewer reasons for complaining. They can at least take comfort in knowing their growing assets under management will boost their higher take-home pay. Such was the case in recent years, in stocks no doubt eased the pain of advisors whose compensation was reduced because they were on the low end of the revenue-generation scale.
By Dan Shaw Verified|Financial PlanningVerifiedMore than two years after JPMorgan bought First Republic out of receivership, advisors formerly registered with the regional bank are still heading for the exits. RBC Wealth Management announced on Thursday that it had recruited a team of them previously managing $5 billion. It was just one of many recruiting deals this week involving AUM tallies well in excess of $1 billion. Read about them below.
Company Info
Financial Planning
Financial Planning is the leading resource for news, analysis, insights and data for financial advisors across the independent, wirehouse and bank channels. We deliver the essential information, strategies and tools planners need to build and grow thriving practices, position their firms against competitive threats, meet regulatory requirements and best serve their clients.
'+1 212-803-8200
Founded: 1969