A UBS analyst has increased the price target of LPL's shares, citing the potential for continued growth at the firm, which struggled — as did competitors — with recruiting in the first half of the year, but saw a recent uptick in additions.
Global markets start the week strong, thanks to U.S. economic news. Plus: Schwab IMPACT coverage, Wall Street prophets, Veterans Day. Expertly curated by <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Firm's crop of recent hires for its wealth management unit have managed more than $5.2 billion.
New minimum upped to $15 million in assets under custody
Pleasure over a big gain, instead of rational analysis of process, can lead to overconfidence
Universal life policies sold in the '80s and '90s are at risk of lapsing, causing problems for clients and advisers.
Economists' forecasts for a March taper contrast with investor expectations for an earlier reduction in quantitative easing
Pershing announced Monday it was creating a list of mutual funds based on the bank's investment manager research. A version of the list will be available for broker-dealers and financial advisers using Pershing's platform starting this year.
The Federal Open Market Committee voted Oct. 30 to keep the pace unchanged, saying it needs more evidence of improvement in the economy.
The largest U.S. bank by assets is weighing whether to ban traders from using electronic chat rooms to communicate with peers at other firms as the forums draw scrutiny from global regulators.
Preparedness may mean staying on the job, but burned-out clients need an incentive.
Gold bulls are making their biggest bets on a gold rally since January amid growing signs the U.S. will lead a military strike against Syria.
Gold's precipitous drop brings it to a key level, $1,200 an ounce. Some experts think this is the worst it will get for the precious metal. Does that mean now's the time to buy?
Despite a permanent tax exemption, investors of all sizes have issues to consider
If you are looking for military veterans to thank for their service on Veteran's Day, chances are you won't have to look far.