Merrill Lynch Creates New Unit to Recruit Advisors from BofA

Merrill Lynch Wealth Management has created a new Advisory Division to consolidate training and development functions under a sole executive. The new division will be led by Eric Schimpf, head of Merrill’s Southeast division and in charge of the Accelerated Growth Program, Merrill’s training program for financial advisors who come in from other firms. Those recruits have between two and 10 years […]

3 Reasons You May Be Feeling Stuck in Life and How to Fix Them

Feeling stuck can be so frustrating. It sucks not knowing why you feel that way, and even worse, having no clue how to break out of it. The good news is, feeling stuck can actually be a good thing – it means you’re trying to grow. If you’ve never felt stuck, it’s probably because you’re […]

The Future of Wealth Management is ESG Investing

More and more, investors are looking to align their investment objectives with their personal values. This very real shift will reshape the landscape of wealth management and client relationships. Our whitepaper, The Triple Bottom Line: The Future of Wealth Management is ESG Investing, explores such topics as: The growth of values-based investing The […]

NFL Players Lose a Major Retirement Plan Benefit

There were many questions heading into this NFL season, but one is flying way under the radar. Players just agreed to a new Collective Bargaining Agreement in March amidst the coronavirus pandemic. In August, the NFL gave players the option to voluntarily opt out of all or part of the 2020 season if they qualified as […]

Facet Wealth Raises $25M, Launches Employer-Focused ‘Coaching’

Facet Wealth is formally launching its flagship tech-advisor hybrid, a financial-advice-as-a-service for employers. The firm made the announcement in an email to, while noting that it had raised $25 million in a Series B funding round led by Warburg Pincus. The latest funding round means the hybrid wealth management firm has now brought in […]

Morgan Stanley Pays $5 Million SEC Fine for Short Sales Violations

The Securities and Exchange Commission found Morgan Stanley’s prime brokerage swaps unit in violation of Regulation SHO, a rule that governs short sales. The wirehouse, managing $2 trillion in wealth management client assets, agreed Wednesday to pay a $5 million fine and consented to the cease and desist order. Morgan Stanley fell into trouble because the long and short […]

A Checklist for Audience-Centric Innovation and Messaging

The COVID-19 pandemic and the restrictions and new practices of the resulting lockdown have left an indelible mark on the face of many industries, and events are no exception, whether the event takes place online, in the real world, or as a hybrid of both. As the demand for virtual/hybrid events continues to grow, we […]