LPL Financial, the nation's largest independent-contractor broker-dealer, is on the lookout for plum acquisition candidates, although a top executive says growth through current advisers is the company's prime goal.
Mortgage applications dipped 4.6% for the week ended May 23 due to a drop in refinancing activity.
New orders for durable goods fell by a lower-than-expected 0.5% last month, according the Department of Commerce.
House prices continued to plunge in the first quarter, with new data revealing record declines across the country.
A Bank of America analyst has slashed earnings estimates for Lehman Bros., Goldman Sachs and Morgan Stanley.
The Conference Board Consumer Confidence Index fell to a reading of 57.2, down from 62.8 in April.
What a time to be tightening the Securities and Exchange Commission's budget.
Whether they like it or not, advisers have become well-versed in financial manias, panics and bubbles.
You won't find diplomas from Harvard or Wharton on his office walls.
Former employees of Morgan Stanley and Janney Montgomery Scott LLC were indicted on kickbacks and fraud charges.
Goldman Sachs said it would likely sever its links with the Institute of International Finance in a dispute over accounting rules.
NYSE Euronext Inc. has selected Michael S. Geltzeiler to become the exchange operator’s chief financial officer and group executive vice president .
The SEC has filed an injunctive action against James G. Marquez, a principal of the failed Bayou Fund.
Despite rising energy costs, the Dow Jones Transportation Average has increased 19% since March, exceeding the 7.5% of the Dow Jones Industrial Average.
Home prices fell by a seasonally adjusted 1.7% in the first quarter, marking the largest quarterly decline on record.
UBS AGwill raise more than $15.5 billion of capital by issuing sharply discounted shares in an attempt to recover from mortgage-related losses.
Proposals voted on at Citigroup, JPMorgan and Morgan Stanley that allow investors to weigh in on pay were not well received.
A Florida pension fund yesterday filed suit against AIG and four executives of making misleading statements about the company’s finances.
Brinker Capital Inc. has surpassed the $10 billion mark in assets under management.
Concentrating on its existing 11,100 advisers is LPL's first priority, said executive William Dwyer III.
