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CFP Board’s Fee Increase For Workforce Development: More Advisors Or Just More Sales Churn?

Nerd's Eye View

Amid estimates that nearly 40% of all financial advisors are likely to retire in the next 10 years, the need for a new generation of advisor talent is clear.

CFP 194
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The Self Educating Child

Mr. Money Mustache

After all, the only way to renew a drivers license or a passport (or a medical license for that matter) is to dive head first into the ridiculousness and grin and bear it for the sake of the end goal. And my son happens to be sitting in an unusual but still promising (I hope) little corner of it.

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The Annual Report for Advisors: The Contradictions of 2022 and Emerging Trends for 2023

Diamond Consultants

With recruiting particularly active at Morgan Stanley and UBS, advisors demonstrated that it’s still the right model for many of them. That is, placing greater focus on building a business with the end in mind, even if it meant eschewing a significant recruitment package.

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Transcript: Marta Norton

The Big Picture

BLS recruits, just like all other organizations, recruits at college campuses. And there was just a very rich development period, which I think at the time, I don’t know, if I fully appreciate it, I’m someone who likes to see change licensing developments. RITHOLTZ: Oh, sure.

Portfolio 130
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Multiple Streams of Income: Long-Term Strategies for Wealth

Good Financial Cents

If you’re unsure what multi-level marketing is, it’s a term used to describe any business model that rewards people for sales and recruiting others to work beneath them. To get started, you’ll need to pass a background check and have a valid driver’s license and auto insurance. For starters, I have a 401(k) through my business.

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Should the CFP Board police financial advisor “bad apples”? The debate continues! (Part Two)

Sara Grillo

In addition to his formal Education Robert Wright holds his FINRA Series 7 and 66 licenses, is a CERTIFIED FINANCIAL PLANNER Professional and holds Georgia Resident Life and Health Insurance. Robert is also an Instructor of CFP® Coursework for the College of Financial Planning Online and on Campus at Kennesaw State University.

CFP 59
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Transcript: Jonathan Miller

The Big Picture

And what is remarkable about some of the towns or cities in Florida is they now hire employees specifically to recruit CEOs from the Northeast who then will bring their companies to Florida. That it’s sort of evolving from a place you go to vacation or visit to a place that you live.

Sales 130