Bloomberg

Bloomberg
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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.

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 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.

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.

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.

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.

LIFE INSURANCE AND ANNUITIES AUG 06, 2007
Annuity marketers invade video websites

NEW YORK — Middle-aged men in wigs performing a rap song, promises of a “Leadzilla” lead - generation system, and claims of millions of dollars in annual commissions — is this any way to market annuities?

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.