Diamond Consultants

OCTOBER 10, 2023

However, these advisors are simultaneously forgoing massive recruitment bonuses from competing firms and a less labor-intensive transition process. But without growth, it will take many years to offset the “bird in the hand” of a lucrative up-front and back-ended recruitment package.

Math 52

Math Recruitment Consulting Clients 52

XY Planning Network

JANUARY 16, 2023

But from their employer’s perspective, they would be essentially walking out the door with the firm’s assets. From the advisor’s perspective, they’ve worked very hard to build those client relationships and manage them with the client’s best interests at heart. Who better to continue that relationship, right?

Clients 98

Clients Assets Management Recruitment 98

Trade Brains

OCTOBER 18, 2024

Additionally, they offer services like underwriting, market making, and asset management. Regulatory compliance costs continue to rise. In 2024, financial crime compliance alone cost Indian financial institutions ₹5.1 They’re also recruiting tech talent to drive digital transformation efforts. lakh crore.

Banking 52

Banking Economics Investing Investments 52

Diamond Consultants

JUNE 28, 2023

They want to have a sense of ownership over how they run their practice—including the ability to hire and fire team members, distinguish themselves from their colleagues by marketing their business creatively, and be allowed to run their practice without as much interference from compliance. First, UBS left the Protocol for Broker Recruiting.

Compliance 52

Compliance Recruitment Clients Compensation Planning 52

Diamond Consultants

JANUARY 10, 2023

Beyond the obvious revenue and asset metrics that most advisors use to evaluate their business, consider what a “good year” might look like. Debating the merits of stringent compliance regimes is beyond the scope of this article, but the reality is that we live in a world of heightened oversight. Have a plan B.

Recruitment 59

Recruitment Financial Advisor Planning Retirement 59

Good Financial Cents

JANUARY 11, 2023

These individuals are essential to major banks worldwide, devising strategies to maximize assets while ensuring sound financial decisions are being made. Some other best ways to find high-paying jobs in banking include attending job fairs, checking out industry publications, and speaking with recruiters.

Banking 96

Banking Budgeting Portfolio Management Recruitment 96

Diamond Consultants

SEPTEMBER 10, 2024

They don’t need to move assets, and it’s effectively riskless since there is no major transition involved. That’s perfectly fine until these next gen folks realize the harsh reality: At the end of the sunset deal, they don’t truly own anything—as the assets belong to the firm. Paying for Nothing: There is no such thing as a free lunch.

Retirement 52

Retirement Recruitment Clients Compliance 52

Inside Information

MAY 30, 2023

In the more comprehensive surveys, you will see the percentage or dollar revenues collected by each BD on annuity, life insurance and other product sales, vs. fees (defined by asset management fees, shared between the reps and the broker-dealer). The compliance people have to pre-approve their communications.

Communication 40

Communication Sales Insurance Compliance 40

The Big Picture

AUGUST 15, 2023

And so alongside of Wall Street recruiting in my senior year, I interviewed at the Yale Investments Office and was fortunate to get that job and violated the two principles I had at the time, which was I wanted to be in a training program and I wanted to leave New Haven. So I think selecting managers in any asset class has that two pieces.

Management 130

Management Investing Investments Government 130

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. JULIAN SALISBURY, CHIEF INVESTMENT OFFICER OF ASSET AND WEALTH MANAGEMENT, GOLDMAN SACHS: Thanks, Barry. And I think you will also.

Assets 299

Assets Clients Investing Investments 299

The Big Picture

APRIL 25, 2023

Brian Hamburger has been one of the leading authorities in the world of registered investment advisories, broker-dealers, SEC regulatory compliance. And I would constantly hear them frustrated by the compliance department. HAMBURGER: They were just blaming compliance for everything they couldn’t do. RITHOLTZ: Right.

Compliance 162

Compliance Clients Wealth Management Management 162

The Big Picture

JULY 26, 2022

All-in, you’re $8 billion in assets totally. I mean, I don’t — RITHOLTZ: So this is really devious recruitment. WEAVER: — you know, my teaching and recruiting. WEAVER: And you can overpay for any asset. WEAVER: But if we can hit our target — RITHOLTZ: We all have compliance departments.

Consulting 298

Consulting Numbers Management Investing 298

The Big Picture

MAY 23, 2023

How to recruit and retain the best people and how to use technology as a tool to give you an edge, not just in investing but in the ability to offer clients various solutions improving your efficiency, effectiveness and productivity as a company. Not its asset management, its brokerage piece. billion in assets. RITHOLTZ: Uh-oh.

Clients 162

Clients Management Engineering Investing 162

The Big Picture

SEPTEMBER 10, 2024

I wouldn’t say I like one better than the other, but what I would say is I do find more personal satisfaction in helping the asset owner clients who really need the help. And that should tell you whether or not an asset’s probably going to be appreciating or depreciating. You have to get compliance. Is low, right?

Valuation 162

Valuation Clients Investing Investments 162

The Big Picture

JULY 29, 2024

00:08:01 [Speaker Changed] And then from AssetMark, in October, 2023, you’re recruited to become CEO at Orion. 00:10:47 [Speaker Changed] So in the additive services that Orion offers now are financial planning, compliance, CRM services, risk and analysis portfolio construction and advisor portal and investor portal.

Clients 147

Clients Portfolio Financial Advisor Investing 147

The Big Picture

SEPTEMBER 5, 2023

RITHOLTZ: (LAUGHTER) MILLER: But in reality, the buyers that zoomed out to the suburbs were largely from the rental market because they weren’t anchored to another asset. Housing itself, it’s just a slow moving asset. MILLER: Right, it’s like how to devalue an asset without even trying. The thinking was, no.

Sales 130

Sales Numbers Marketing Marketing 130

Sara Grillo

SEPTEMBER 26, 2022

That lead him to start Quest Asset Management, with the novel idea of putting investor interests first as a fiduciary, which was practically unheard of at the time. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice. For advise on such matters, contact a legal or compliance advisor.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

The Big Picture

MARCH 21, 2023

It’s about half our assets. ASNESS: About half our assets are really traditional, where money managers beat, you know, plenty of things, don’t let a short, or lever, or any of those hedge fund kind of things. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason.

Valuation 173

Valuation Investing Investments Numbers 173

The Big Picture

DECEMBER 10, 2024

And it was a, it was sort of a troubled, it was complicated asset where, you know, there was so much staying litigation, they hadn’t upgraded it for a long time. They have a bunch of databases, there’s compliance issues, there’s, you know, cyber, there’s there all kinds of things. Let’s talk about books.

Engineering 130

Engineering Consulting Manufacturing Investing 130

The Big Picture

MAY 16, 2023

Why wouldn’t you, you can buy a fintech assets for 90, 90 cents off the dollar. Um, case anybody that says anything, non-compliant, compliance tracks that also the watch list is just sort of fun. So the VCs were like, we got to go after the assets under management. No, there’ll be a roll up. I have a car list.

Media 290

Media Investing Investments Valuation 290