Although 2011 offered its share of challenges, independent broker-dealers were still able to rack up solid gains.
For independent broker-dealers, 2011 was a challenge. Mounting technology costs, intense scrutiny and new rules from securities regulators were compounded by record low interest rates, which decimated returns on once-lucrative activities such as margin lending and holding clients' cash.
Mid-cap companies can offer the higher growth potential of smaller companies, with the strength and stability generally offered by larger companies.
T. Timothy Ryan, president and chief executive of the Securities Industry and Financial Markets Association, said he wants regulators at the Securities and Exchange Commission and the Labor Department to move forward together on creating a single fiduciary standard of care for retail stockbrokers
Rollup firm acquires much smaller outfit — but lands popular radio show in the process
What next? The financial advice business is finally booming again, but industry watchers are now warning about a coming talent shortage. IN investigates in this NextGen special report.
New service is a result of demand from Genworth advisers who are looking for help either to sell or expand their practices.
Despite being eligible for a $1.76 million incentive for 2011, Hartford's CEO Liam McGee declined it.
LPL's special dividend will be payable May 25 and will be followed by a regular quarterly dividend starting at 12 cents per share.
Card sells for $22K just weeks after going for $1K; heck of a Linvestment
Company claims that the pair downloaded proprietary client info before exiting; computer scrubbing ahead?
Regions Financial Corp. may sell $700 million of shares to repay a government bailout, less than analysts predicted.
Britain's former prime minister, Tony Blair, kicked off the Schwab Impact 2011 conference with a sober assessment of the challenges raised by the Arab Spring and expressed concern that short-term political considerations could thwart long-term solutions to problems facing the global economy.
A financial adviser has inserted himself into the tension between the Occupy Wall Street protesters and The Goldman Sachs Group Inc. over sponsorship of a fundraising dinner next month for a New York-based credit union that mainly serves the poor.
