PRUDENTIAL TO SELL DIRECTLY TO INDY ADVISERS: PIECE OF ROCK FALLING ON ITS REPS
Prudential Insurance Co. of America is quietly launching a unit that will soon begin courting independent financial advisers,…
PAY NO ATTENTION TO THE ASIAN CRISIS BEHIND THE CURTAIN: WEATHERING THE MARKET: REST OF ’98 LOOKS SUNNY
It’s hard to rattle a bull. Despite six months of volatility, disappointing earnings and an average price/earnings ratio…
FOR FRESH DOUGH, NOT MUCH RISE
It’s one thing to remind veteran clients of patience and taking the long-term view. But what if a…
PMC TAKES A LICKIN’, KEEPS ON TICKIN’, AIMS BACK INTO BLACK: ONE-TWO PUNCH PUT FIRM ON CANVAS, BUT IT’S ON ITS FEET AGAIN, SEEKING NEW CAPITAL
The president and chief executive of PMC International Inc. is the George Foreman of financial services. No matter…
GOLDMAN SACHS MARCHES TO OWN BEAT: IPO OR NO, THIS FIRM WON’T JUST FOLLOW HERD IN THE RACE TO ASSETS
Despite Goldman Sachs Group LP’s plan to go public this fall, don’t expect the nation’s preeminent investment bank…
PEOPLE: B. ROBERT KOSROVANI AND EUGENE L. PODSIADLO — WARBURG-CREDIT SUISSE VENTURE PAIRS RETAIL FUND START-UP PROS
Eugene L. Podsiadlo and B. Robert Kosrovani are no strangers to building a mutual fund business virtually from…
BROKERS WANT A SLICE OF FUND ANALYSIS BIZ: THE FEAR IS THAT ONCE INVESTORS CAN MAKE THEIR OWN DECISIONS, THEY’LL FLEE
Brokerages long have touted their in-house stock research as the client value that puts them ahead of the…
PAINE WEBBER TALKS TOUGH; STILL…STANDING ALONE — BUT FOR HOW LONG?
Megamergers, shmegamergers. The chairman of Paine Webber Group Inc. — one of the last big securities companies not…
DEAL WATCH: JUMPING IN WITH ONE FOOT, SEI TO OFFER SMALL ACCOUNTS; AS PEERS ENTER THE GAME, FIRM GRUDGINGLY LAUNCHES TAX-EFFICIENT ACCOUNTS THAT IT FORMERLY SCORNED
Competitive pressures are forcing SEI Investments to offer a product its top brass have dismissed in the past:…
PEOPLE: N. GRAHAM ALLEN — GLOBAL BONDS WILL SOON BE HOT, WELLS MONEY MANAGER PREDICTS
The drubbing that the Asian crisis has given companies in Australia and New Zealand has made their debt…