Although financial advisers are the key drivers in the generation of hedge fund sales, it appears the hedge fund industry and advisers aren't connecting as well as they might, according to a new study.
In the wake of moves this month by Ladenburg Thalmann Financial Services Inc. and First Allied Securities Inc. to acquire broker-dealers, more deals for independent-contractor firms are on the horizon, according to industry observers.
An index of leading indicators, which gauges the economic outlook for the next three to six months, fell 0.1% in June.
The Charlotte, N.C.-based bank booked second-quarter net income of $3.41 billion compared to $5.76 billion in the year-ago period.
Compliance costs rose 65%from January 2007 through March 2008 for more than 400 investment advisory firms surveyed by four organizations involved in the advisory business.
Economists at major U.S. corporations believe that the economy will steer clear of a recession.
This event positions your practice as a retirement resource for baby boomers and helps encourage referrals.
Wachovia Securities LLC of St. Louis continues to file lawsuits against groups of legacy A.G. Edwards brokers who have left the firm.
American Equity Investment Life Insurance has settled a class action for $16.4 million over abusive annuity sales.
