The Investment Management Consultants Association is zeroing in on independent advisers as it attempts to attract new members to certain designations.
The independent broker-dealer industry came roaring back in 2010, with the 25 biggest firms collectively reporting a 16.9% increase in total revenue, compared with the year before
Ameriprise Financial Inc., two of its Securities America units and a group of investors who sued them asked a U.S. judge to approve a proposed $80 million cash settlement.
Probable push-back in deadline for registering with states will buy advisers some time; agency under 'tremendous pressure' .
House Republicans presented a blueprint for the fiscal 2012 budget on Tuesday that seeks to end what they see as an onerous provision of the Dodd-Frank financial reform law, dials back federal spending to a level that Securities and Exchange Commission officials say would hamstring the agency and recommends a tax overhaul that includes eliminating major tax breaks.
Bill by Senate Banking Committee's Jim Demint would scrap the regulatory overhaul that aims to make sweeping changes to oversight of derivatives, consumer lending and business practices at financial firms.
After months of speculation, UBS today named Robert McCann as its new head of wealth management in the Americas
UBS AG is reportedly close to an agreement to hire Bob McCann to lead its wealth management business in the Americas, according to a report by the Financial Times.
The president's policy goals are reflected in his personal money management, according to an expert who reviewed the tax returns the country's chief executive made public after paying his family's annual bill to the government he runs.
According to the new <i>InvestmentNews</i> independent broker-dealer survey, revenues spiked at the top 25 broker-dealer behemoths. <a href=http://www.investmentnews.com/section/broker-dealer-data-rankings?U=custom&F=ta&XS=18195_0&Y=2010>(See the new rankings).</a>
A time-honored method of detecting cheap stocks is to look for ones that sell below book value.
“Anemic” default-contribution rates among defined-contribution plans using automatic enrollment stand in stark contrast to what plan executives consider optimal savings rates, a survey of 101 plans by the Defined Contribution Institutional Investment Association has found
Michael Oxley of 'Sarbanes-Oxley' fame will push for self-regulation of investment advisers
Ex-Charles Schwab Corp. investment company manager Randall Merk agreed to pay a $150,000 civil fine to resolve a Securities and Exchange Commission lawsuit accusing the company of misleading investors in its YieldPlus fund.
Whether it's breaking the news to a client that he's just been fleeced by his own brother or that because of his meager savings rate, he's going to have to work beyond 65, good financial advisers never skirt the hard truths
At a time when litigation has threatened the financial viability of several securities firms, executives at independent broker-dealers, as well as the more than 110,000 or so independent-contractor registered reps, often are woefully underinformed about their errors-and-omissions insurance, according to industry observers
The custodial firm TradePMR Inc. has signed on with First Clearing LLC
The University of Texas Investment Management Co. has taken the advice of Dallas hedge-fund manager J. Kyle Bass and now holds 6,643 gold bars, worth $987 million on April 15, in a bank warehouse in New York
Ameriprise Financial Inc., two of its Securities America units and a group of investors who sued them asked a U.S. judge to approve a proposed $80 million cash settlement
Smaller life insurers — battered by the recession but ready to get back into the annuity business — have begun to outsource the manufacturing of fixed indexed annuities to marketing groups
