That's how UBS Wealth Management Americas boss Robert McCann described the latest embarrassment at the Swiss bank. Not surprisingly, the $2.3B trading loss isn't helping boost the morale of the company's advisers. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110927&Category=FREE&ArtNo=927009999&Ref=PH>Fund firms advisers are most loyal to</a>
Yield-starved investors and their advisers are discovering a complex investment vehicle: annuities awarded in wrongful-death or injury lawsuits that are being sold as factored structured settlements
Don Trone's new company, 3ethos, is launching a new fiduciary designation that will compete with existing certifications.
Even a puny rise in interest rates will slam current holders of U.S. debt; inflationary shock 'a high probability'
Investors, attracted by the allure of guarantees, gobbled up variable annuities during the second quarter, placing some insurers on pace to beat estimates and bringing broker-dealers closer to pre-crisis VA sales levels
Many investment firms and states have adjusted features within their Section 529 college savings plans over the past year to make them easier for financial advisers to deal with and thus more attractive
Famed hedge fund manager boosts long positions to 65% of holdings;
Head of Pimco's Total Return Fund dramatically ups allocation to U.S. housing bonds
Short-sales mount amid gathering economic storm: 'get some protection or get out altogether'
Analysts continue to cut their their price predictions for large caps despite hefty corporate profits. One even went so far as to raise his projections for large-cap earnings, but lowered his estimates for the S&P 500 | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111003&Category=FREE&ArtNo=100309999&Ref=PH>Reasons to be cheerful/fearful about stocks</a>
Adviser revenue recovered last year to pre-crisis levels as assets continued to climb, but growth expectations for future growth have soured.
Pimco Total Return Fund being outperformed by 80% of funds in its category this year; missed out on Treasuries
Blackstone big forced to rejigger prediction that S&P 500 would top 1,500 this year; Barton Biggs retrenching as well
'Sovereign balance sheets resemble an overweight diabetic on the verge of a heart attack,' Pimco manager says
Financial advisers are stuck on Jackson National Life Insurance Co.'s variable annuities
The Headhunter wonders why Sallie Krawcheck's departure registered as an earth shattering day in the history of the retail brokerage business.
The number of investment advisers registered with the Securities and Exchange Commission has fallen for the first time in 10 years, while the assets that they manage have increased sharply, according to a report released last week
Commonwealth, Cambridge snag brokers who purportedly generated 5% of beleaguered B-D's revenue last year; new owner soon?
