Usmanov cites dividends and buyback plan in explaining $100M buy-in; 'very promising'.
Schwab Advisor Services' Neesha Hathi on how advisers' need for a mobile presence has never been greater thanks to investors' easy access to a wealth of information.
<i>Breakfast with Benjamin:</i> Time to sell stocks? Plus: All you need to know about the Fed's policy decision today, lessons from a Texas-size bankruptcy, lingering effects of the polar vortex, a social media darling trips up, and the latest on Rep. Dave Camp's tax reform plan.
$1.15 billion acquisition, announced in January, expected to close in the next several days.
<i>Breakfast with Benjamin:</i> Rate clarity from Janet Yellen and the Fed this week could chill volatility. Plus: Someone doesn't like small caps, <i>IN</i>'s big independent broker-dealer report is out, determining what airline to fly, a new cybersecurity warning and two popes are now saints.
In a good sign for the industry, recruiting came roaring back in the third quarter for LPL Financial, which added 154 net new registered reps and advisers. CEO Mark Casady says recruits came 'from all over.'
Company will resubmit proposal after finding botched accounting on structured notes issued by Merrill Lynch.
MediaMath, one of Crain's New York's 50 fastest growing companies, doubled its employees to 350 in a year. CEO Joe Zawadzki offers advice on retaining culture in an environment of rapid growth.
In a victory for opponents of mandatory arbitration, Charles Schwab & Co. has agreed to pay $500,000 and remove a controversial provision from customer contracts that would require arbitration of class action claims.
As the hiring environment become more competitive for techies, Michael Kirven, CEO of tech staffing firm Mondo, has some tips for making an offer stand out.
Study says gold should make up as much as 10% of a well-diversified portfolio
A former adviser trainee of Wells Fargo Advisors says firm went after her for training costs after she left the firm; she has sued, claiming the firm's practice of recouping training costs is illegal and discriminatory.
Fidelity is even broadening its recruiting efforts to high school students
Suit on behalf of 1,200 black brokers claimed discrimination in business opportunities.
Lawsuit alleged a "deep rooted and pervasive gender discrimination" existed at Bank of America and Merrill Lynch
As task force reviews process, regulator pushed to fess up on selection of arbitrators, award collections and case statistics.
The beach retreat for Manhattan is one of a number of getaway markets that have been benefiting from the wealth effect of rising stocks. Vacation homes made up 13% of all sales last year, the highest level since 2006, the National Association of Realtors reported this month.
<i>Breakfast with Benjamin:</i> What stocks to buy if you're ready to buy stocks. Plus: A different investor reaction to a Netflix price hike; earnings coming fast and furious; when CEOs stop buying back their stock and don't forget Earth Day.
As the political fight over raising taxes for high-income Americans fades, so are predictions for negative economic fallout. The first boost in marginal income rates in 20 years is already reducing the U.S. budget deficit without tipping the economy into recession.
