Here’s Why It Just Got a Little Easier for Financial Advisors to Move Their Books

motley_fool_Oct_sp500

October was the strongest month for stocks in four years. The S&P 500 index bounced back from August and September’s losses and is now up for the year. The Dow Jones Industrial Average is slightly below where it started for the year.

It’s always easier for advisors to transport their clients to new firms when markets are in positive territory and client portfolios are up. That’s why we’re starting to see more advisors in motion.

Chart: The Motley Fool

About Mark Elzweig

I am an executive search recruiter with an inside track on financial advisors, the asset management industry, and Wall Street. My work has appeared in numerous publications including On Wall Street,AdvisorOne, and Fund Fire. Journalists regularly seek me out, so you catch my bon mots in The Wall Street Journal, Research Magazine, Reuters, and more. You can follow me on Twitter @elzweig or you can reach me directly at 212-685-7070 or elzweig@elzweig.com.
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