Raymond James' custody unit has picked up four new RIA firms with more than $400 million in assets.
Walter White takes helm of U.S. ops, arrives with brokerage expertise
Financial advisers are going on the offensive in terms of reaching out to clients to discuss market conditions, and most of the conversations center on market volatility.
Volatile markets haven't been friendly to those who employ asset-based advisory fees, but conventional wisdom says switching would be a hard sell ... or will it?
Getting uncashed benefit checks to ex-employees a growing problem; death a bigger complication
Required disclosures mean advisers can easily benchmark performance; onus on advisers to prod stragglers to do better
Former South Florida lawyer Scott Rothstein was sentenced to 50 years in prison for using his law firm to run a $1.2 billion Ponzi scheme that financed a lavish lifestyle, bankrolled his firm and bought political influence.
A disbarred attorney who courted politicians and star athletes and led a flamboyant lifestyle even by flashy South Florida standards pleaded guilty Wednesday to federal charges that he ran a $1.2 billion Ponzi scheme.
A Florida lawyer charged in a $1.2 billion fraud apparently heeded the American Express slogan "Don't leave home without it."
Investors claiming they were fleeced by a high-profile South Florida attorney filed a $100 million lawsuit Friday contending that the lawyer orchestrated a massive Ponzi scheme with the help of a Canadian bank's U.S. subsidiary and several accomplices.
The former chief executive officer of UBS AG's wealth-management unit in the U.K., didn't heed warning signs that risk controls in the division were ineffective before an unauthorized trading loss was discovered.
UBS's wealth management operation, with Robert McCann at the helm, has been the lone bright spot for the Swiss bank in 2011. That revival continued yesterday, as the unit landed two more big advisory teams from rivals.<br> <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111220&Category=FREE&ArtNo=122009999&Ref=PH>The 10 biggest stories of the year &raquo;</a>
Cuts for larger companies may be paid for by elimination of deductions for LLPs and LLCs
Arbitration award was based on wrongful sale of VAs and variable life insurance to elderly man and his late wife; judge refuses to vacate the payment
Fund firm boss sees up to 50% chance U.S. will slide into recession
A Finra arbitration panel has ruled against Société Générale SA and a handful of its affiliates, ordering the bank to pay $61 million to a California-based fund manager.
The global economy risks lapsing into recession, with the pace of growth falling below the “new normal” level that the firm has predicted since 2009, according to Bill Gross, manager of Pimco's Total Return Fund, the world's biggest bond fund
2011 has been an awfully eventful year for advisers and reps -- some good, some bad. But what were <i>the</i> biggest stories of the year? Here are our top ten picks, including a No.1 that might surprise.
As Finra recently indicated in its summary of this year's examinations, <a href=http://www.investmentnews.com/article/20111221/FREE/111229981>, 2011 was a very busy year.</a>
The U.S. Securities and Exchange Commission appealed a federal judge's decision to reject its proposed $285 million settlement with Citigroup Inc.
