Rich folks, worried that the specter of a large bequeath could kill a child's drive to succeed, are increasingly keeping mum about their estates
The firm was put under receivership in May after the SEC brought charges against the firm and its owner, Richard Goble.
A judge in Georgia decided this week that J.P. Turner & Co. was not required to perform due diligence on stock from now-bankrupt Provident Royalties. A big deal? It is if the ruling boosts other B-Ds being sued for Reg D offerings that went south.
Barclays Plc, which bought Lehman Brothers Holdings Inc.'s North American business, will get $1.1 billion in trading assets from the trustee liquidating the remnants of Lehman's brokerage, the trustee's lawyer said.
Still, June expiration has many worried; institutions to the rescue?
'The Power of the Right Advisor' set to launch this week
A recent mortgage-backed securities sale and reverse repos have gone unnoticed by investors fixated on Fed funds rate.
United Capital Financial Advisers today announced the acquisition of financial planning firm Vantage Point Advisors. Vantage Point, which manages $170 million in assets, will now operate under the name of United Capital Private Wealth Counseling.
U.S. life carriers had a fairly small appetite for mergers and acquisitions in 2010, with much of the activity taking place in AIG's shedding of its foreign life insurance subsidiaries.
The Investment Management Consultants Association is zeroing in on independent advisers as it attempts to attract new members to certain designations.
The independent broker-dealer industry came roaring back in 2010, with the 25 biggest firms collectively reporting a 16.9% increase in total revenue, compared with the year before
Ameriprise Financial Inc., two of its Securities America units and a group of investors who sued them asked a U.S. judge to approve a proposed $80 million cash settlement.
After months of speculation, UBS today named Robert McCann as its new head of wealth management in the Americas
UBS AG is reportedly close to an agreement to hire Bob McCann to lead its wealth management business in the Americas, according to a report by the Financial Times.
The president's policy goals are reflected in his personal money management, according to an expert who reviewed the tax returns the country's chief executive made public after paying his family's annual bill to the government he runs.
According to the new <i>InvestmentNews</i> independent broker-dealer survey, revenues spiked at the top 25 broker-dealer behemoths. <a href=http://www.investmentnews.com/section/broker-dealer-data-rankings?U=custom&F=ta&XS=18195_0&Y=2010>(See the new rankings).</a>
“Anemic” default-contribution rates among defined-contribution plans using automatic enrollment stand in stark contrast to what plan executives consider optimal savings rates, a survey of 101 plans by the Defined Contribution Institutional Investment Association has found
At a time when litigation has threatened the financial viability of several securities firms, executives at independent broker-dealers, as well as the more than 110,000 or so independent-contractor registered reps, often are woefully underinformed about their errors-and-omissions insurance, according to industry observers
The custodial firm TradePMR Inc. has signed on with First Clearing LLC
