When advisors talk about why they’re unhappy with their firm, they will often tell you that it’s “not about the money.”  Instead, they commonly cite a lack of shared values, slow or no decision making and concern for the shareholder at the expense of the client.But while money may not always be their number one reason for deciding to go elsewhere, it almost always becomes an emotionally charged and critical consideration. So let’s talk about it.When planning a move, there are three financial elements that need to be taken into account: capital, cash flow and equity. Advisors need to consider all three to get an accurate picture of their new deal and to decide whether it’s one they should take.

via Advisors Beware: Do the Math Before Leaving Your Firm | On Wall Street.

Advisor Ileana Platt has left Barclay’s Bank, where she produced more than $2 million in annual revenue, to join RBC Wealth Management.Platt is taking an advisor position in RBC’s Miami office as part of the firm’s International Advisory Group-USA. She has two decades of experience working in the financial services industry, having started at Citicorp in 1994, according to FINRA documents. She also worked at Credit Suisse’s Miami office from 2003 to 2012.

via $2 Million Producer Joins RBC From Barclays | On Wall Street.