Schwab and TD Ameritrade pipelines brim with breakaway prospects
Growth rate accelerates despite slowing attrition at wirehouses
Frederick Van Den Abbeel
I believe Wirehouse Advisors are looking beyond the incentive checks being offered and are looking long-term and realizing the “net-net” benefit of operating their own RIA as opposed to being beholden to one firm of business model. At the end of the day, it’s all about what system the Advisor is most comfortable operating in. Having spoken with many Advisors myself @ TradePMR, I echo some of the research outlined in this article. Good Job Brooke!
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TD Ameritrade
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Top Executive: Tom Nally