The upstart network of Broker-Dealers was launched barely two years ago, amid an industry shakeout no less. But in that time, the firm has found solid footing, pulling off a string of acquisitions. Yesterday, Cetera struck again, acquiring Genworth's B-D and its 2,000 advisers.
Blackrock's chief equity strategist Bob Doll gave a not-so-ringing endorsement of the U.S. economy and the stock market for 2012.
There are many New Year's resolutions that would have been nice for our government to have made last week, but there was a vital one that should have been made — and kept.
Positive news triggers rethinking of where markets are headed in 2012; GDP predictions revised upward
Price of bullion falls for fifth straight session; demand in India expected to plummet
Financial advisers hear the growing national buzz that the wealthy should be paying more in taxes, and many are prepping clients for the possibility that they soon will be forking over more to Uncle Sam.
A pair of former MF Global Holdings employees have filed a class action lawsuit against former CEO Jon Corzine and 11 other senior executives and directors over misleading them about the condition of the company.
miserably low long-term returns.
Oracle plucks little-known hedge fund manager to help ran Berkshire's massive portfolio; 'brilliant move'
Some early glitches for subset of clients; 'actively working to resolve it'
Warren Buffett is making plenty of changes to Berkshire Hathaway's portfolio. Last quarter, he closed out the company's stake in several marquee businesses -- including exiting Berkshire's holding in Bank of America at a steep loss.
The campaign for the GOP presidential nomination has been a little bit like 'Wacky Races' -- lots of twists and turns, and every week, somebody new is leading the pack. But an exclusive <i>InvestmentNews</i> poll shows there's absolutely no doubt who advisers are pulling for. | <b>Extra</b> <a href=http://www.investmentnews.com/article/20120106/FREE/120109966>Romney tax plan more deficit booster than deficit buster &raquo;</a>
Europe's woes notwithstanding, analysts zeroed in on ballooning corporate profits; 'the answer is yes'
Independent broker-dealers owned by insurance companies, once the dominant players of the industry, will continue to dwindle in size and importance over the coming decade, unable to keep pace with more nimble competitors that invest in, and increase, investment advisory services for reps.
Conglomerate acquires $7.5B in accounts from insurer; sale includes online banking platform
Cetera Financial Group informed financial advisers at two of its three brokerage units last Wednesday that it plans to bring custody of various IRA and savings accounts in-house at its third broker unit, PrimeVest Financial Services Inc.
