The company is actively exploring breaking into a U.S. net-lease REIT, an international net-lease unit and an asset management company that creates nontraded REITS and other alts.
Trevor Bond is stepping down two weeks before the firm releases Q4 and yearly earnings. The company said in November it was exploring breaking up into three businesses.
With regulators cracking heads over sales of proprietary products, could the overwhelming success of Edward Jones' Bridge Builder program be a problem?
The self-regulatory organization is continuing its recent push to hold broker-dealers accountable for the suitability of product sales.
Finra ordered a dozen firms to pay restitution and fines totaling $6.7 million for failing to give clients discounts for large purchases of unit investment trusts.
Fines, levied in July and August, top $500,000; Voya Financial takes biggest hit
Implementing the standard on retirement accounts could reduce annual revenues by more than twice current estimates, according to a Morningstar report.
The REIT czar is not selling his real estate management business to the private equity giant.
She notes that advertising of sophisticated investments has been muted.
The question for next year is whether independent broker-dealers can regain the momentum they enjoyed in 2009 and 2010.
