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FINTECH AUG 08, 2007
LPL experiences systems failure

A massive snafu is stopping 10,000 advisers affiliated with Linsco/Private Ledger Corp. from doing business online.

LIFE INSURANCE AND ANNUITIES AUG 07, 2007
M&M revenue rises 7% in 2Q

Marsh & McLennan Cos. Inc. announced that earnings per share remained unchanged at 31 cents compared to the year-ago period.

ALTERNATIVES AUG 07, 2007
Startup launches real estate index

Radar Logic has licensed its real estate data to three Wall Street firms that will allow investors to bet on which way residential real estate markets are headed.

ALTERNATIVES AUG 07, 2007
Hedge fund stats edge up in July

The HFR Fund Weighted Composite Index increased 0.49% in July and is up 7.99% year-to-date.

RIA NEWS AUG 07, 2007
B-D firms get merger payout

Firms are receiving the $35,000 that was promised upon the completion of the NASD-NYSE Reg merger.

ALTERNATIVES AUG 06, 2007
Hennessee cleared in Bayou loss

Hennessee Group has been cleared in a lawsuit filed by a client who lost money in the collapsed hedge fund Bayou Group LLC.

ETFS AUG 06, 2007
Van Eck Global goes nuclear

Van Eck Global announced that it will launch an exchange traded fund based on nuclear energy.

ALTERNATIVES AUG 06, 2007
Goldman's Global Alpha plunged in July

Goldman Sachs Group Inc.'s flagship hedge fund fell 8% during the last week of July, according to Financial News.

RIA NEWS AUG 06, 2007
Turnkey giant SEI is rebounding after a strategic about-face

After a change of course following three turbulent years, SEI Investments Co. is once again winning assets from financial advisers.

FINTECH AUG 06, 2007
More adviser tools coming to smart phones

Financial advisers who use a BlackBerry or other smart phone soon will be able to access a wider range of financial tools and applications.