Bank of America is in the process of rolling out a client referral program for its global wealth management division, which includes Merrill Lynch and the bank’s former Banking & Investments division ...

Charles Schwab, the country’s largest custodian to registered investment advisors, has made its client referral program to advisors a little more selective as part of an overall effort to “modernize” ...

After almost two decades of no change in pricing, as well as incredible growth in the financial advice industry, registered investment advisors that get valuable referrals from the Charles Schwab Corp ...

The Charles Schwab Corp. is currently considering raising fees financial advisors and registered investment advisors firms pay in order to participate in its client referral program, Schwab Advisor ...

Charles Schwab is betting that the registered investment advisory firms that are part of its client referral program will be willing to pay slightly more for their streams of incoming customers.

Having a referral program is one of the most effective ways to get more customers down the sales funnel. A study found that referral marketing is trusted by 86% of customers, making it the most ...