In an internal memo obtained by Reuters, the new boss of UBS says the bank's U.S. brokerage is not being shopped -- despite rumors to the contrary. | <a href=http://www.investmentnews.com/article/20110926/FREE/110929946>PR disaster could curtail UBS' generous recruitment packages</a> | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009998&Ref=PH>What top RIA execs make</a>
<i>Jittery. Anxious. Panicked.</i> Take your pick -- any of these words describe stock investors, who pulled nearly $75B from equity mutual funds and ETFs since the end of April. And many won't be coming back.
Breaking away can be a daunting proposition. Here's what to do — and not to do.
Swiss bank may also have to reduce headcount even further
Veteran advisers sign on with Wells Fargo; duo have $1.5m in production
Hurricane Irene's estimated cost to insurers fell to about $2.6 billion in the U.S. as the storm lost strength en route to New York.
Georgia requested information from UBS, Morgan Stanley and Ameriprise Financial in its probe over whether the firms broke the state's securities laws in sales of structured notes called reverse convertibles.
Financial Planning Coalition sends petition to Congress urging adoption of single standard of care; 'isolated pocket of opposition'
Veteran insurance agent Paul A. Mattus has filed suit against The Allstate Corp., claiming that the carrier muscled him out of his book of business and passed it on to a newer, younger agent
U.S. life insurers had a fairly small appetite for mergers and acquisitions last year, with much of the activity encompassed in AIG's shedding of its foreign life insurance subsidiaries
President Obama made the lives of advisers, accountants and taxpayers easier today by removing the burden of having to get permission to use trademarked tax strategies.
State regulators of investment advisers should reach out to Finra, which provides broker-dealer oversight, to ensure that advisers act in their clients' best interests, according to the new head of NASAA.
Gold's rally above $1,900 an ounce shows no signs of a “bubble” as central banks continue to boost money supplies that has helped spur bullion to a record, according to investor Marc Faber
Despite last week's sudden pullback in the price of gold, most financial advisers and market watchers aren't ready to abandon the precious metal just yet.
Dozens of athletes planning to participate in the Ironman U.S. Championship in New York and New Jersey got a lesson in courage from one of their own: John Hyland, managing partner of Morristown Financial Group.
Investors, money managers steamed as businesses hoard green; 'earning close to zero'
Asset manager issues proposal to reform exchange-traded-fund industry
The firm's absorbing of RydexSGI vaults the company to No. 10 on the list of ETF sellers -- and positions the asset manager to challenge the big boys in what is becoming a fiercely contested industry.
