 “Dually registered” firms — have actually “increased head count over this time period”Kenton Shirk, associate director, Cerulli Associates. |
Wirehouses Shedding Advisors Faster than Rival Channels
Tom Coyle | Financial Advisor IQ, February 2015
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Summary: There were fewer financial advisors plying their trade in 2014 than in 2013, according to a new report by Cerulli Associates. In fact, the research firm sees in last year’s numbers the continuation of a trend in FA head count erosion — spearheaded by losses in the wirehouse channel.
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