UBS officially taps Bob McCann to run wealth management
After months of speculation, UBS today named Robert McCann as its new head of wealth management in the Americas
Report: UBS close to hiring Bob McCann to lead wealth unit
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.
Broker-dealers lack E&O savvy
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
TechCheck: A safety net for the social net
Social media may be all the rage, but it's also a major headache for compliance managers. New software may help ease the pain.
Columbia to dump Grail’s subadvisers after acquisition
Purchase of ETF firm vaults Ameriprise unit into 'big player' in actively managed fund space.
DoubleLine and Grail teaming up on active ETF
Grail Advisors LLC is partnering with DoubleLine Capital LP to launch an actively managed emerging-markets fixed-income ETF in what will be the first such fund of its kind to hit the market.
Ex-Sentinel Securities rep defrauded 9/11 widow: SEC
Regulator said James J. Konaxis churned victim's accounts, earning about $550K in commissions. l
Bucket strategies provide a pot of ‘safe money’
Using bucket strategies to manage clients' retirement income has become more popular in recent years and the reason is pretty simple: Dividing a client's portfolio into separate pools, or buckets, each with varying investment objectives, works
Securities lending in 401(k)s comes under heavy fire
Government studies show employees, bosses often unaware of practice; does it boost returns or not?
Fund manager admits to adviser fraud, Ponzi scheme
Francisco Illarramendi, a hedge fund manager in Connecticut, pleaded guilty to fraud and two other men were charged with conspiracy in a U.S. probe of an alleged Ponzi scheme with potential investor and creditor losses of hundreds of millions of dollars, prosecutors said.
