Last year, banks bought 47 registered investment advisors, which was nearly twice the number acquired in 2013.
Estimated reading time: 0 minutes, 15 seconds
Banks on Shopping Binge for Financial Advisors
- Sunday, Mar 01 2015
- News Roundup
- Written by PFA News
Banks are increasingly trying to offset dwindling income from low interest rates by boosting wealth management revenues, so they are showing strong interest in acquiring financial advisors. So reports Financial Planning.