Westwood Holdings Group Inc. Ticker:(WHG) today announced that it has reached an agreement to acquire McCarthy Group Advisors LLC in a deal that is expected to close by the end of the year.
David Dreman, the fund manager best known for against-the-grain bets on stocks he deems cheap, will step down as co-chief investment officer of Dreman Value Management LLC.
This just in: The recession that started in December 2007 ended in June 2009, according to the official arbiter of the U.S. business cycle.
The longest and deepest U.S. recession since the Great Depression ended in June 2009, lasting 18 months, the National Bureau of Economic Research said.
Free money? Big bank consolidation? Extend and pretend? If this all sounds awfully familiar, you're on to something.
The Hartford Financial Services Group Inc. is disbanding its distribution arm, Hartford Life Distributors, and decentralizing its wholesalers among four recently established business units.
A buildup of free cash flow creates an “extremely compelling” case for small-cap stocks, according to Steve Salopek, manager of the $100 million ING Small Cap Opportunities Fund Ticker:(NSPAX).
See a breakdown of the largest brokerage firms -- and the percentage of CFPs in the total adviser force.
Long-term care insurance is considered a valuable benefit by employees, but advisers seldom share their enthusiasm.
For Tori Fontenot, the clarion call to consider long-term-care insurance for herself and her husband came as she tried to coordinate care for her elderly mother.
Self-funding would give the regulator a fighting chance of keeping up with the growing number of investment advisers
The U.S. Securities and Exchange Commission didn't conduct a meaningful probe of indicted money manager R. Allen Stanford until 2005 even though examiners suspected him of operating a Ponzi scheme eight years earlier, an internal report found.
Florida measure empowers state to revoke licenses of brokers who have run afoul of various agencies
How did Canada avoid the worst of the banking crisis? "Generally speaking, Canadians are more conservative," Fred Tomczyk, president and chief executive of TD Ameritrade Holding Corp., said in an interview Monday.
Investment advisers' confidence in the financial health of the insurance industry — though still underwhelming — is on the rebound, according to the <i>InvestmentNews </i>2010 Insurance Product Survey.
The economic recovery will continue; we do not believe that the economy will endure a double-dip recession. Growth levels should remain positive for the time being, although the pace of growth will be slower than that typically associated with recoveries.
TD Ameritrade Institutional attracted more breakaway brokers in the last nine months than it did in all of its 2009 fiscal year, company executives said last week.
Despite expectations that interest rates will remain near zero for another year, the interest-sensitive TD Ameritrade Holding Corp. plans to invest $30 million in technology and “client-facing” activities in fiscal 2011.
