 We are seeing the smaller shops expressing interest in either partnering with other advisers or in some cases going back to wirehouses”Greg Noble, general manager of recuitment firm in Houston. |
Summary: Only 163 advisers who managed $26 billion in assets have switched firms so far in 2016, according to an analysis by On Wall Street. That's a 42% drop from the same period in 2015 and down 22% from 2014, when a total of 555 and 481 advisers, respectively, switched firms.
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