Results for "independent broker-dealers"

Displaying 1,487 results

Sort: Date | Relevance

Author:

AEFA aces get bonuses to stay

February 28, 2005

DETROIT - American Express Financial Advisors Inc. plans to reach out to some of its most productive financial representatives with a type of retention bonus package that could include ownership stakes in the enterprise, which is soon to be...

MetLife faces tough choice over Travelers unit

February 28, 2005

NEW YORK - Since MetLife Inc. pushed together two of its independent broker-dealers in 2003, consolidating Nathan & Lewis into Walnut Street Securities Inc., hundreds of affiliated brokers have cut their ties to the firm. The combined firm has...

Firm with exec NASD found lax hires another

February 21, 2005

NEW YORK - Evidently it's becoming more difficult to find an executive these days who hasn't been touched by regulatory scrutiny. Case in point, J.P. Turner & Co. LLC, an Atlanta independent contractor broker-dealer, whose president was cited...

John Hancock unit aims to double sales force by 2010

February 14, 2005

NEW YORK - John Hancock Financial Network is embarking on an aggressive growth campaign intended to double its sales force to 3,000 advisers by the end of the decade. While Boston-based John Hancock's parent, Manulife Financial Corp. of Toronto,...

Variable comp for 401(k)s is illegal, experts warn

February 14, 2005

CHICAGO - Brokers who select for 401(k) plans mutual funds that pay them different levels of compensation are violating rules under the Employee Retirement Income Security Act and are running the risk of having to disgorge their commissions....

Cambridge snags another large accounting firm

February 14, 2005

NEW YORK - One of the fastest-growing independent-contractor broker-dealers continues to build its niche with certified public accountants. Following up on last year's success of recruiting one of the top 15 accounting firms in the country,...

Stock bonanza at First Montauk

February 14, 2005

NEW YORK - First Montauk Financial Corp., in the middle of a merger with another broker-dealer holding company, last Wednesday issued a deluge of new shares to its new chief executive and his predecessor. William J. Kurinsky, the former CEO,...

Questions abound about AEFA spinoff

February 7, 2005

DETROIT - American Express Co.'s announcement last week that it plans to spin off American Express Financial Advisors Inc. has sent ripples across the financial services industry regarding the future of the brokerage and money management unit....

FSI's goal: 20,000 reps in two years

February 7, 2005

ORLANDO, Fla. - The Financial Services Institute last week unveiled an ambitious plan to bring aboard as many as 20,000 registered representatives over the next two years. To some, the move puts the Atlanta-based trade group, an advocate for...

Pacific Select takes equity stake in newcomer Advanced Financial

January 31, 2005

NEW YORK - Pacific Select Distributors Inc. this month said it had made an equity investment in a new broker-dealer and registered investment adviser, Advanced Financial Solutions Inc. The deal gives Pacific Select, already a holding company...

Clean rap sheet rates high with reps

January 31, 2005

DETROIT - Brokers and advisers continue to punish those asset management firms that have been linked to major scandals involving mutual fund trading over the past few years, according to the results of an industry satisfaction survey slated...

New arbitration claims recede, but $ record set

January 31, 2005

NEW YORK - For the first time since the market began to drop in 2000, new securities arbitration cases declined last year. After the stock market retreat following the burst of the technology stock bubble, both Wall Street and independent-contractor...

SIA taking aim at NYSE proposal on asset-based fee programs

January 31, 2005

WASHINGTON - A proposal by the New York Stock Exchange that brokers monitor their asset-based-fee programs could discourage them from offering such accounts. The Securities Industry Association filed comments late last year with the Securities...

Un-American activity: Fees on rollovers to Class A shares

January 31, 2005

BOSTON - As a result of scrutiny from regulators, American Funds is taking a hard-line approach to IRA rollovers which will result in higher fees for some investors. Starting Feb. 1, the mutual fund arm of Capital Research and Management Co....

OppenheimerFunds to enter retirement income arena

January 31, 2005

CHICAGO - As part of the effort to attract and retain the assets of retiring baby boomers, OppenheimerFunds Inc. is poised to be the latest entrant into the retirement-income-planning arena. "We do anticipate that in late February, we will be...

Fund trading: From gray area to black mark

January 24, 2005

WASHINGTON - Securities lawyers, if asked by brokerage firm clients whether there was anything illegal about aggregating customer accounts or using different account names in order to avoid market-timing restrictions of mutual funds, would have...

Upstart aims to join indie-brokerage elite

January 17, 2005

NEW YORK - Veteran executives from a handful of independent- contractor broker-dealer firms have quietly pulled together a company that could soon be ranked among the top 20 in the industry. But an upcoming acquisition by the firm, Advanced...

Profiles of firms responding to InvestmentNews survey: A - H

January 17, 2005

Choosing a broker-dealer is one of the biggest decisions facing independent investment advisers. A host of factors come into play, from back-office support to payout ratios. The following profiles, listed in alphabetical order, provide snapshots...

Profiles of firms responding to InvestmentNews survey: S - W

January 17, 2005

Sammons Securities Co. LLC One Midland Plaza Sioux Falls, SD 57193 Phone: (866) 520-6869 Fax: (605) 373-8559 URL: sammonssecurities.com CEO: Steven C. Palmitier Head of recruiting: Lisa S. Hoyne Title: vice president, marketing E-mail: lhoyne@sammonsrep.com...

'Incidental advice' flap rages on

January 10, 2005

WASHINGTON - All brokers who have discretion over client assets would have to register as advisers under a new proposal from the Securities and Exchange Commission. The SEC also stipulated that anyone doing financial planning would fall under...

« Previous PageNext Page »

1 ... 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.