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TIAA-CREF Hires Hundreds of Advisors After RIAs, and Fidelity, Pose New Threats
RIABiz
Dec. 3, 2013
"The non-profit [TIAA-CREF] ... is still working with independent RIAs. But that initiative is playing second fiddle to the ... initiative, announced in October -- to add more than 200 advisors to its internal ranks bringing the number of advisors to nearly 650 by end of 2014. The growth of more than 45% in this division is part of the company's concentrated efforts to reach individuals who are close to retiring and have some $250,000 or more in investable assets."
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