Financial Advisor

Extending Fiduciary Standards Is No Panacea

Headhunter Danny Sarch has a simple reminder for those who want to make brokers adhere to fiduciary standards of service for the sake of protecting consumers. Read more . . .

Revenge of the Wirehouses

... soon to say how many of its some 17,000 brokers Merrill will retain, says Daniel Sarch of Leitner Sarch Consultants in White Plains, N.Y. “The full story on that script is not going to be finished until ... Read more . . .

Wealth Management Recruiting Rises Despite Layoffs Elsewhere

... standard deal is higher than others," he said. Even with the industrywide surge in recruiting brokers, some say a dropping off is inevitable. Danny Sarch, of recruiting firm Leitner Sarch Consultants, ... Read more . . .

Wachovia Busy Hiring Financial Advisors

... with Wells Fargo. "I see very few people of substance considering Wachovia right now, based on some of its past problems," said Danny Sarch, president of recruiting firm Leitner Sarch Consultants. ... Read more . . .

Morgan Stanley Hiring Advisors From Rivals

... to a bank holding company. Yet, some say questions about the firm remain. "I think people still view them as worrisome, with their ability to stay independent," said Danny Sarch, a recruiter ... Read more . . .

RBC Hiring Advisors While Others Are Laying Them Off

... once considered "safest of the safe" have turned illiquid. "Certain percentages (of brokers who are thinking of moving) only consider a big name now that big names have gotten tainted," said Danny Sarch ... Read more . . .

Hiring Standards Go Beyond Dollars

"Wirehouses are applying stricter standards on credit history," says Danny Sarch, president of Leitner Sarch Consultants, a Wall Street recruitment firm based in White Plains, ... Read more . . .