Woodbury Financial is said to be readying retention bonuses to preserve firm's value despite not having a buyer lined up
Guiding clients through tempestuous times has apparently strengthened bonds; 'to hell and back'
Advisers who take over clients' 401(k) decisions early in the game end up capturing the bulk of the dollars later; snooze you lose
Generated $1B in commissions in first nine months of 2011; 'power that would make a mobster envious'
Thirty-two criminal counts include money laundering, investment adviser fraud, wire fraud.
Allan Eyre never made a succession plan.
New credit card transaction charges may outweigh benefits of building up points
In our recent <a href=http://www.investmentnews.com/article/20110411/INCR/120129985>2012 IN Adviser Solutions Succession Planning Study</a>, we identified several gaps in firms' preparedness for succession. One of the most critical is a gap not just in planning, but in understanding just how much planning is required for a succession strategy to be effective.
Enterprise value diminishes as owner gets older; dithering can be costly
Female candidates particularly prized as firms look to land more women clients
Puny interest rates leading to lower account values. The good news? Proposed tax changes will inflict even more damage.
Investment performance trumps amenities, relationship-building, survey finds
Gus Sauter, the fund company's chief investment officer, will retire at the end of the year. The head of Vanguard's retail investor group will succeed him.
Say transition can be nettlesome but worth it in the long run
Federal agents searched the Indiana and Ohio offices of two companies owned by an Indianapolis businessman Tuesday, serving warrants a month after a newspaper questioned whether the Ohio firm is capable of repaying some $168 million owed to investors.
Program open to firms with $400M in assets, three or more principals
