Recruiting

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Coach Class Conundrum for Financial Advisors

The “Coach Class” Conundrum

Why Financial Advisors Deserve a Little More Leg Room

Your seat doesn’t recline. The noisy child behind you keeps kicking your chair. The guy in the window seat climbs over you ten times to stretch his legs. The lady behind you constantly stands over you to get things out of her purse in the overhead luggage compartment. And, of course, there’s the line of people waiting for the lavatory, all of whom feel a need to lean on your headrest while they wait.


SCF Partners with FA Match

SCF Partners with FA Match

This article was originally published on Yahoo! Finance on July 16, 2019.


Springfield, MA, July 16, 2019 (GLOBE NEWSWIRE) — FA Match, the digital recruitment platform that connects RIA firms, banks, wirehouses and independent broker-dealers with advisors seeking meaningful career transitions, today announced the launch of the FA Match Success Network, an advisor referral program for wealth management firms of all sizes and fee structures.

The FA Match Success Network enables firms to refer financial advisors whom they’ve directly sourced as potential hires but do not wish to move forward with – or, advisors who have decided the opportunity is not what they’re looking for. Firms collect a “success fee” when the advisor they’ve referred to FA Match secures a position at another company via the platform.


Fastest growing broker-dealer

SCF Ranked 10th Fastest-Growing Broker-Dealer

InvestmentNews has ranked SCF Securities as the 10th fastest-growing independent broker-dealer of 2017. The industry-leading news source published the ranking in its annual broker-dealer survey last week. The annual ranking showcases the growth and decline of the 3,726 broker-dealers active in the financial services industry.


SCF AUM Surpasses $3 Billion Threshold

SCF announced today that it has surpassed $3 billion in assets under management (AUM), now totaling $3,115,825,933. Only 18 months have passed since the firm crossed the $2 billion threshold in July 2016.


Wall Street's Charging Bull

Former Merrill Lynch Advisor Chooses Independent Broker-Dealer/RIA

Advisor seeks fee-based flexibility, breaks away from wirehouse environment

SCF Securities announced Tuesday its addition of P. Sier, a financial advisor formerly affiliated with Merrill Lynch Wealth Management.

Sier selected SCF as his broker-dealer and RIA because of the firm’s robust advisory platform, which offers extreme flexibility to fee-based and hybrid advisors. Its custodian-neutral environment gives advisors the freedom to work with any of the four major custodians


6 Overlooked Criteria for Broker-Dealer Due Diligence

When investigating a new BD, you may not be looking at the following criteria—but you should

It’s not surprising that when the majority of registered reps look to change their broker-dealer, they tend to focus on short-term factors and immediate satisfaction. Quick relief in the form of better technology and payout, ticket charges, expenses and transition support can be very attractive. However, focusing on the long-term benefits will go a lot further in securing a new broker-dealer relationship that will last.