Reflecting the rebounding economy, financial advisers are attending more conferences and taking more courses for continuing-education credits.
The failure of Congress to strip the fiduciary exemption from broker-dealers may turn out to to be the greatest marketing opportunity ever for financial advisers
A stalled proposal hammered out last year to permit exchange traded funds to operate without having to obtain individual exemptive orders may finally see the light of day -- and soon.
Onetime DWS exec Philipp Hensler is said to have been on the short list for the job last summer before OppenheimerFunds settled on Carey.
Despite getting smaller, Royal Bank of Scotland still has some very big problems. Bad loans and a shaky economy top the list. Turning a profit? That's still a ways off.
You too can set your practice apart from the competition by identifying and promoting your platinum services.
The failure of Congress to plug the 2010 estate tax loophole has created considerable uncertainty.
Quixotic journeys often make for great literature, but by definition are rarely productive. I am, after all, referring to windmills here – not their 21st century creation, but their 17th century chasing.
With the estate tax laws set to expire by year-end — and no clear indication when Congress will address the issue — some financial advisers and attorneys see an opportunity for their high-net-worth clients in this extremely muddled situation.
Investment manager BlackRock Inc. said Tuesday that it has completed its acquisition of Barclays Global Investors, including the purchase of the iShares exchange traded funds business
Financial advisers and brokers should “seize the day,” and “embrace and leverage open architecture products,“ according to David Pottruck, co-chairman of HighTower Advisors LLC in Chicago.
HighTower Advisers, the registered investment advisory firm and rising independent broker-dealer powerhouse, has built out its management team and expanded the role of one of its top directors: David Pottruck, the former chief executive and president of The Charles Schwab Corp.
After a year of turmoil, the AIG Advisor Group is cutting a chunk of its staff and consolidating operations among the back offices of its three broker-dealers.
As details of the AIG Advisor Group Inc.'s retention package for a select number of 6,000 brokers and advisers seeped out this week, AIG officials and advisers made clear that the money for these bonus payments is not coming from its cash-strapped parent — insurance giant American International Group Inc. — but from each of the three broker-dealers in the network.
Larry Roth, chief executive of the beleaguered AIG Advisor Group, thinks that within six months, the network of broker-dealers that is home to 6,000 registered representatives and financial advisers will be “hitting on all cylinders.”
In a stunning turnaround, American International Group has decided to hang onto its beleaguered group of broker-dealers.
In the months before it landed one of the biggest advisers on Wall Street, HighTower Securities LLC was already successfully recruiting other breakaway brokers.
