Three famed stock-pickers having a dismal year so far, with big bets crapping out; stil time to be right, however
Moore says niche deals more likely; Securities America, Investors Capital currently on the block
Muni bond transparency isn't very transparent. Indeed, making sense of muni bond funds can be an exercise in frustration. Now, a new rating system may clear things up a bit.
<i>Investors are getting nervous.</i> Hiring data is not good. Europe's a problem again. Portfolio managers are predicting a sizable drop in the market -- a downturn that may have officially commenced with Wednesday's sell-off of large caps. But Blackstone's Byron Wien doesn't seem chuffed. In fact, he says the next few months should present a tremendous opportunity for astute stock pickers.
Products are 'difficult to assess,' commission-based distribution seen as a problem
Although Capitol Hill Republicans have received the most attention for trying to halt work on fiduciary duty regulations, Democrats have also expressed skepticism over the issue.
Advocates for imposing a universal fiduciary duty on anyone providing retail investment advice are stepping up their campaign to urge the SEC to move forward with a rule
Commission considering making it easier for investors to get in on Reg D offerings
One of the strongest advocates for imposing a universal fiduciary duty for retail investment advice is urging a congressional committee to allow the Securities and Exchange Commission to move forward with such a rule.
As per a Senate Republican request, SEC Chairman Mary Schapiro says the commission is analyzing the economic impact of adopting a single standard of care. Such cost-benefit analysis could be the way GOP lawmakers gut a universal fiduciary code.
Ron Carson, one of the top advisers in the country, is leaving the indie B-D after more than two decades at the company. Why? LPL's RIA platform is one reason.
LPL Investment Holdings Inc. expects to save up to $12 million in 2012 by moving brokers from its subsidiary Uvest Financial Services Group Inc. from an outside clearing firm to LPL's proprietary platform.
As recruiting wars heat up, B-D aims to hire 400 new reps. It won't be cheap.
CEO Casady establishes a fine to keep execs from discussing company's share price; one offender so far
<a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&djoPage=summary&issuedate=20100423&sid=BD0426&djoProjId=10994&djoRecordId=342440#record_342440>LPL Investment Holdings Inc.</a> will look to recruit at least 400 net new registered reps and investment advisers this year and into the future, while top executives at the firm acknowledge that attracting top brokers is getting more expensive.
The first question advisers often ask me is, “What exactly can I do with social media?” While the compliance constraints everyone talks about are real, there are a number of strategies you can implement that will have a tremendous effect on your bottom line
The tax-exemption provided to investors in U.S. state and local government bonds faces a fresh challenge in Congress, where two senators are pushing a bill that would roll back the subsidy.
After 20 years of working within the strict confines of a bank trust department, adviser Robert Kaercher was ready for a change.
A federal judge dismissed a suit claiming brokers are investment advisers because they receive marketing fees. But the decision is likely to be appealed. So what's at stake? A reversal in the decision could cost fund companies billions -- and force brokers to dually register.
