Displaying 63 results
Pimco’s El-Erian: Stocks on a ‘sugar high’
Read full story
Moniker for coming decade: Terrible Teens
Read full story
Michael Vick ordered to hire a financial planner
A judge approved Michael Vick's plan to repay creditors $20 million and emerge from bankruptcy, and the quarterback hustled out of court to prepare for his return to an NFL field later in the night with the Philadelphia Eagles.
Former Stanford CFO: Bribes were backed with a ‘blood oath’
The former finance chief for jailed Texas financier R. Allen Stanford said his boss created a business empire where blood oaths were taken to secure loyalty, bribes were paid from a secret Swiss bank account and investor profits were more fiction than financial genius.
Another top exec exits Janus as shake-up continues
The Janus Capital Group executive in charge of distribution for Janus mutual funds through financial intermediaries and international channels is stepping down Oct. 31.
Former ING Advisors chief executive John Simmers resurfaces
John Simmers, former chief executive to the ING Advisors Network, has joined The Compliance Department Inc. of Centennial, Colo., as director of risk-management product development.
IN Exclusive: 85% of advisers support Big Ben’s nomination
Advisers agree with President Obama's decision to nominate Federal Reserve chairman Ben Bernanke for a second term.
Why Morgan Stanley minus Van Kampen makes sense
If I were a management consultant, I'd be getting paid big bucks for what I'm about to tell you.
Widow files arbitration claim against Ameriprise over VA sale to elderly spouse
A widow yesterday filed an arbitration claim with the Financial Industry Regulatory Authority Inc. against Ameriprise Financial Services Inc., alleging that a broker there failed to properly advise her aged husband on a variable annuity purchase and botched a beneficiary designation.
Schwab stands its ground in ARS dust-up – but at what cost?
The feathers continue to fly in the brouhaha between The Charles Schwab Corp. and New York Attorney General Andrew Cuomo.
Finra to double individual assessments next year
Finra will increase the assessment it charges on individual registered representatives to between $130 and $150 a year, from $65 to $75.
Genworth targets insurance and wealth management, not annuities
Annuities will continue to take a back seat to other insurance and wealth management products at Genworth Financial, according to the insurer's finance chief.
Bottom’s up: After new market highs, advisers proceed with caution
With major equity indexes soaring past their high-water mark for 2009, advisers now seem to agree that the markets have hit their bottom. How long they will continue in positive territory, however, is up for speculation.
Broker-dealers Foothill Securities and Cue Financial to merge
Foothill Securities Inc. an employee-owned broker-dealer based in Mountain View, California, is merging with Cue Financial Group Inc., a smaller independent firm based in Phoenix.
B-Ds suffer SIPC ‘sticker shock’ as fees come due
Higher assessments by the Securities Investor Protection Corp. are shocking some brokerage firms.
Fund of hedge funds aims to profit from green movement
It was only a matter of time before the green-investing movement reached the hedge fund industry, and you can now credit Bookbinder Capital Management LLC with breaking the ice.
Meet the Prez: Obama taps LPL official for Treasury post
A board member of LPL Investment Holdings Inc. is going to work for the Obama administration as one of the president's top financial advisers.
Wirehouses bleed $1.5T, indies gain ground
Wirehouses lost approximately $1.5 trillion worth of market share last year, according to a report from Cerulli Associates Inc. of Boston.
Despite tough times, Merrill is ramping up broker training program
Merrill Lynch plans to put more resources into its broker training program which provides a pipeline for new brokerage talent at the firm.
Commonwealth scoops up three teams managing $1.25B
Commonwealth Financial Network of Waltham, Mass., picked up three large offices of reps and advisers who manage $1.25 billion in July, and the advisers are coming from two broker-dealer networks that are being shopped by the insurance companies that own them.
