by
Jeff Schlegel
Due to large numbers of financial advisors switching employers during
these topsy-turvy times, $800 billion in client assets will likely
change firms this year, according to Cerulli Associates.
by
Jeff Schlegel
The Lower Brule Sioux Tribe in South Dakota this week announced it
bought Westrock Group Inc., a New York-based financial services firm
that includes an independent broker-dealer.
by
Jeff Schlegel
Standard & Poor's on Monday will roll out an updated rating system
to analyze mutual funds that it says will rely less on the rearview
mirror approach on more on the here-and-now.
by
Dorothy Hinchcliff
In an effort to win more RIA business, Fidelity Investments is initiating a sweeping series of prices
reductions for fees, services and products associated with its
custodial services platform.
by
Dorothy Hinchcliff
A North Carolina couple settled charges yesterday in which
the SEC allege they bilked $32.5 million from
about 500 investors, many of whom they met at church gatherings.
by
Dorothy Hinchcliff
Los Angeles-based Transamerica Financial Advisors Inc. has completed a
merger with its affiliate, St. Petersburg, Fla.-based InterSecurities
Inc.
by
Dorothy Hinchcliff
Edelman Financial Services is opening six new offices in New York and New Jersey.
by
Dorothy Hinchcliff
More companies are coming up with ways to provide retirement income to
clients and PIMCO is no exception: Today the firm announced it has
launched the PIMCO Real Income Funds.
by
Dorothy Hinchcliff
Financial company executives continue to misread the types of practice
management and technical support programs their advisors truly want,
according to a new survey.
by
Dorothy Hinchcliff
North American Management Corp., an independent Boston-based wealth
management firm with an 80-year history, has established a trust
company.
by
Dorothy Hinchcliff
A Brooklyn, N.Y., money manager has settled charges that he ran a $40
million Ponzi scheme in which he promised investors
guaranteed high returns from safe, liquid investments, the SEC says.
by
Dorothy Hinchcliff
Retired clients on Medicare need more than $100,000 in savings to cover
health care expenses and the amount needed will grow significantly over
the next ten years, says EBRI.
by
Ray Fazzi
The Certified
Financial Planner Board of Standards has announced that Charles A. Moran has
been elected the board's chair-elect for 2010.
by
Dorothy Hinchcliff
Russell Investments has signed the United Nation's Principles for Responsible Investment (UN PRI), reinforcing its commitment to ESG concerns.
by
Dorothy Hinchcliff
The Financial Industry Regulatory Authority (FINRA) announced today that it has settled charges involving auction rate securities (ARS) with three more broker-dealers.
by
Dorothy Hinchcliff
The National Resources Defense Council and others areblasting Verizon Wireless for sponsoring what they say is an anti-environmental event, the Friends ofAmerica Rally.
by
Ray Fazzi
William Baldwin, president of
Pillar Financial Advisors in Waltham, Mass., today began a one-year term as
chairman of the National Association of Personal Financial Advisors (NAPFA).
by
Ray Fazzi
SEC Chairman Mary L. Schapiro has put out a word of warning
to broker-dealers who are using large bonuses, enhanced commissions and other
financial perks to land top producers.
by
Ray Fazzi
Schwab Institutional has
launched a redesigned Web site for its independent advisors.
by
Ray Fazzi
Americans seem split on what to do about preparing for
retirement and their children's college education, according to a new survey.
