In the first quarter this year, more than half of the transactions involved advisers with $250 million or less in assets. Historically, these smaller advisers accounted for just a third of deals.
In court, Renato Negrin conceded that switching from a landline to a mobile during a talk with Jon-Paul Rorech was not normal. The duo are accused of insider trading
Suit challenges Finra's order that Raymond James pay Wells $12.1M for alleged raiding of Edwards' branches in '07
Fred C.C. “Corky” Crozier, the former head of private client services at Deutsche Bank's U.S. brokerage unit, has returned to the firm as a managing director and adviser in its Baltimore office.
Ameriprise Financial Inc. Chairman and CEO James M. Cracchiolo saw his total compensation grow 52 percent in 2009 to $18.2 million, largely because he earned a cash incentive after receiving no such award the previous year.
On the threshold of turning the corner financially, Financial Engines Inc. is trying to fuel its growth in the defined-contribution arena through an initial public offering.
After winning dismissal of a class action claim brought by six former Smith Barney brokers last month, Citigroup is vowing to go after the brokers for legal fees.
Sam Antar describes commission attorney Richard Simpson as 'an unbelievably tough guy.' Antar should know: he was CFO of Crazy Eddie, the crooked retailer that Simpson helped topple in the Eighties
It's been a swell ride for stock investors over the past three months. But UBS strategists say the rally is running out of steam. Their suggestions? Read on
'Amway' of financial services to go public in deal valued at around $236M
So far, the unwinding of the government's stakes in once-distressed banks has paid off handsomely for the U.S. taxpayer. The profit on the planned sale of Citi stock should be the topper.
The following is a weekly investment commentary by Bob Doll, vice chairman and chief equity strategist for fundamental equities at BlackRock Inc.
RBC Wealth Management continues to add financial advisers from competing brokerages and has now recruited a two-person team from Stifel Nicolaus, a subsidiary of Stifel Financial Corp.
Two broker-dealers are coming out swinging against investors and securities regulators who are looking for redress over the sale of private placements that went belly up last year.
The broker-dealer has fired back at a state regulator with some stinging accusations of ignorance.
Financial services firm Stifel Nicolaus & Co. will complete the buyback of auction-rate securities from individual investors six months early under a settlement reached Monday with Missouri and other states.
Duo launching an actively managed commodities fund that will invest in securities linked directly to the value of liquid commodities and commodities future contracts.
The revenue-raising provision of the new health care law most likely to affect your clients is a 3.8% levy on investment income.
In the first quarter of 2009, UBS lost nearly $2 billion. In the first quarter of 2010, UBS earned $2 billion. CFO John Cryan says improving adviser morale helped spark the turnaround.
