News

Displaying 42973 results
RETIREMENT PLANNING FEB 03, 2010
Sieg retools Merrill Lynch's retirement services group

Three months after he joined the company, Andrew Sieg, head of retirement and philanthropic services at Bank of America/Merrill Lynch, has reorganized its retirement services group

By Jessica Toonkel Marquez
LIFE INSURANCE AND ANNUITIES FEB 03, 2010
MetLife expects 50% bump-up in earnings next year

MetLife Inc. on Monday projected fourth-quarter and 2010 operating earnings mostly above analyst estimates.

By Associated Press
INDUSTRY NEWS FEB 03, 2010
At Merrill, BofA reps are fair game

Recruiters at competing firms are likely to reach out to bank brokers at Bank of America Investment Services Inc., according to industry observers.

By Dan Jamieson
'Incredibly inexpensive' U.S. stocks cheapest since 1990
INDUSTRY NEWS FEB 02, 2010
'Incredibly inexpensive' U.S. stocks cheapest since 1990

Earnings outpacing market sentiment, analysis shows. Says one investment strategist: 'The recovery is real, it's V-shaped and it's got legs.'

By Bloomberg
INDUSTRY NEWS FEB 02, 2010
Nomura shifts management team in U.S.

Naoki Matsuba set to take over the reins in the Japanese company's North American operations

By InvestmentNews Staff
INDUSTRY NEWS FEB 02, 2010
BNY Mellon's Kelly pulled down $11.6M in '09

Sizeable haul for the bank's CEO actually worked out to a 6% pay cut from the previous year

By Associated Press
REGULATION AND LEGISLATION FEB 02, 2010
Florida insurance seller nabbed in police sting, say local officials

Florida authorities have locked up Richard M. Incandela, on charges of selling insurance without a license and organized fraud exceeding $50,000, according to published reports.

By Bloomberg
RETIREMENT PLANNING FEB 02, 2010
New Labor Department 401(k) advice rules set to come out soon

The Labor Department is likely to issue new rules governing investment advice given to 401(k) plan participants by the end of this month, Assistant Labor Secretary Phyllis Borzi said today.

By Sara Hansard
OPINION FEB 02, 2010
Do Branch Managers Make a Difference?

I suspect we are about to find out.....

By Danny Sarch
'Virus' to blame for rash of bank robberies in Colorado?
REGULATION AND LEGISLATION FEB 02, 2010
'Virus' to blame for rash of bank robberies in Colorado?

With a nearly 30 percent jump in bank robberies last year when compared with 2008, banks in Colorado are being encouraged to report suspicious people entering their banks as a way to discourage would-be bank robbers.

By Associated Press
INDUSTRY NEWS FEB 01, 2010
Nobel laureate at independent B-D? Markowitz joins Dallas firm

The father of modern portfolio theory plans to spend plenty of face time with advisers at 1st Global Capital

By Bruce Kelly
RETIREMENT PLANNING FEB 01, 2010
Industry group suggests alternative to Obama's auto-IRA plan

The SPARK Institute's option would limit contributions to $10,000, higher than the typical IRA, would “simplify” investment option selection, among other things.

By Hilary Johnson
LIFE INSURANCE AND ANNUITIES FEB 01, 2010
Insurance groups slam Obama's budget proposal

The life settlements and life insurance industries are criticizing President Barack Obama's 2011 budget proposal, which includes provisions that would require additional reporting to the IRS for life settlements and would impose taxes on corporate-owned life insurance.

By Bloomberg
RIAS FEB 01, 2010
Affiliated Managers Group reverses its 4Q loss and buys a stake in Artemis

Asset manager Affiliated Managers Group reported a fourth-quarter profit on Monday, reversing a loss for the same period a year ago.

By Bloomberg
INDUSTRY NEWS FEB 01, 2010
Top 10 areas of improvement for broker-dealers

VVV Research and Development Inc. conducted a national survey on behalf of broker-dealer Cambridge Investment Research Inc. In the survey, 648 representatives were surveyed about their experience with their broker-dealers. As part of the survey, advisers listed areas in which they said broker-dealers needed to improve.

By Lisa Shidler
Reaching out to Haiti
OPINION FEB 01, 2010
Reaching out to Haiti

Over the weekend, my daughter asked me what our family was going to do to help Haiti.

By Maureen Wilke
INDUSTRY NEWS FEB 01, 2010
529 marketing receives a failing grade in study

The size of the college savings market will more than double in the next five years, but Section 529 college savings plans still have a long way to go to gain marketshare.

By Hilary Johnson
OPINION FEB 01, 2010
Develop a checklist for client communications

We are a few weeks into 2010 and you may be wondering what you can do to rejuvenate your practice and spice things up

By Maureen Wilke
INDUSTRY NEWS FEB 01, 2010
Shunning stocks? Big mistake, says Al Frank's John Buckingham

The stock market might not perform as well in 2010 as it did last year, but the case for equities is still hard to ignore, according to John Buckingham, chief investment officer at Al Frank Asset Management Inc.

By Jeff Benjamin
WIREHOUSES FEB 01, 2010
Brokers wait for economy to turn

After two disastrous years in a row, brokerage industry observers say something akin to normalcy may return this year.

By Dan Jamieson