Edward Jones eyes new advisers with targeted hiring
While the firm is planning to hire financial advisers in 2021, it may see a slowdown in the typical number of new advisers that join the firm in a given year.
May 10, 2021 2 MINS
As it continues to revamp its hiring of financial advisers, Edward Jones is targeting new financial advisers in 2021, but it may see a slowdown in the typical number of advisers that join the firm in a given year.
Edward Jones said in a statement on Friday that it has been retooling recruiting efforts in the face of the Covid-19 pandemic like many of its competitors. Last year, the firm paused its efforts to recruit non-licensed financial advisers, the bread and butter of the firm’s business model for decades.
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Robinhood is snapping up financial advisers. Here’s why.
Robinhood plans to double the number of full-time registered reps this year after recruiting 100 advisers from other firms since 2019.
April 27, 2021 4 MINS
Robinhood Financial is ramping up its financial adviser recruiting activity, entering the top 20 firms among incumbents by snatching up 40 experienced and licensed advisers from competing firms year to date, according to
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The majority of Robinhood’s adviser recruits this year came from Fidelity Brokerage Services (35%) and TD Ameritrade Inc. (25%), according to the data. A handful of advisers were recruited from other wirehouses and brokerages, including Charles Schwab & Co., Merrill Lynch, Pierce, Fenner & Smith Inc., Vanguard Marketing Corp. and Morgan Stanley, among others.
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