NFL and NBA players are lining up to get child support and alimony
payments lowered in case their
leagues shut down, according to one attorney.
Bank of New York Mellon Corp., the world's largest custody bank, agreed
to buy Talon Asset Management's wealth management operations, adding
more than $800 million in assets.
by
Jeff Schlegel
Merger activity among RIAs dipped a smidge in the first
quarter, but it's too early to tell if that portends a trend, says Schwab
Advisor Services.
LPL Financial LLC has announced the intent of its parent company, LPL Investment Holdings, to acquire Concord Capital Partners and certain of its subsidiaries.
by Robert Laura
Today's world demands that advisors help clients plan for everyday life in retirement.
by
Ray Fazzi
McDermott Will & Emery LLP has recruited a team led by Carlyn S. McCaffrey-a prominent attorney and lecturer-as part of an
expansion of its New York City private client group.
by Roy Diliberto
Without a clear vision of what you want your business to look like, your business plans may have little chance for success.
TIAA-CREF says it will invest
$1 billion in a new group that will manage money for nonprofits.
by Craig Gordon
There's no right or wrong business model, just what's right
for you. Understanding the trade-offs will help you find a good fit-and avoid costly missteps.
by
Jeff Schlegel
United Capital Financial Advisers LLC this week announced its
acquisition of Vantage Point Advisors, furthering the wealth management
company's nationwide reach.
by
TD Ameritrade Holdings Corporation has appointed former TIAA-CREF
executive Marvin W. Adams as the company's new chief operating officer,
effective in April.
Goldman Sachs Group Inc. agreed to buy Benchmark Asset Management Co.,
India's largest provider of index-tracking funds.
by
Charles Schwab Corp. announced it has signed a definitive agreement to
acquire Chicago-based OptionsXpress Holdings Inc. for about $1 billion.
by
Evan Simonoff
Fiduciary Network has entered an agreement to invest in Adviser
Investments and finance its acquisition of Kobren Insight Management from
E*Trade Financial.
by
The Certified Financial Planner Board of Standards announced the appointment of Joseph Maugeri to head its business development.
by
Franklin Templeton Investments has appointed 15-year financial services
veteran Pierre Caramazza to head its registered investment advisor sales
division.
by
Dorothy Hinchcliff
The number of hybrid financial advisory firms--those that charge clients
fees and commissions--is expected to continue growing faster than any
other kind of advisory firm.
by
Jeff Schlegel
HighTower, a fast-growing aggregator of financial advisor firms,
announced Tuesday it added a team of former Merrill Lynch advisors to
its expanding roster of partner firms.
Bank of America Corp. told some workers to sign
agreements forcing them to go on reduced-pay "garden leave" if they plan
to resign.
by
Dorothy Hinchcliff
Guggenheim Partners will be providing HighTower advisors with access to investment banking, risk tolerance
tools and other sophisticated services.
