If there is an upside to rising energy prices, it might be the increased awareness among consumers and retail investors of commodities and the effect they can have on the economy.
The best way to begin enumerating the services you should deliver to your best clients is by asking them what they want.
In another sign of a floundering economy, the unemployment rate vaulted to 5.7% in July.
The state of New York will bring legal action against Citigroup, accusing the bank of fraudulently selling auction rate securities and destroying documents that had been subpoenaed by the state.
The exchange posted a 21% increase in the second quarter but came in markedly below expectations.
The bank has outstanding liabilities of $100 million to $500 million and fewer than 50 creditors, according to the filing.
In the past two years, 53% of registered investment advisers bought or considered buying another advisory firm.
Jim Nagengast was named president of Securities America Inc., the broker-dealer unit of Securities America Financial Corp.
There’s some movement in the data consolidation and reconciliation industry that advisers should keep an eye on.
“The [SEC] emergency order will further constrain normal market operations," said the Managed Funds Assoc. president.
