12/19/2014
Taking advantage of investors’ hunger for yield, brokers who sell their clients nontraded REITs, load-bearing fixed-income mutual funds and other expensive products are driving us toward the next financial meltdown
12/18/2014
KKR seeks stakes in hedge funds, credit firms
12/18/2014
Many owners of financial advisory practices don’t know what their firm is really worth and, in fact, many believe it is worth more than it actually is.
12/18/2014
Convergent manages about $8.6 billion in assets for wealthy individuals and families.
12/18/2014
Wall Street may not be the old boys club it once was, but breaking into the rarefied world of hedge funds is still easier for men than women.
12/18/2014
Gorman, though, looks on track to lead his firm’s return on equity back above 10 percent.
12/17/2014
Global investors are keeping faith with equities while raising cash as markets enter the volatile year-end period, according to the BofA Merrill Lynch Fund Manager Survey for December.
12/17/2014
But for investors, frontier-markets funds have short track records and carry unique risks.
12/17/2014
That change is the coming demographic shift.
12/17/2014
First let’s get to RBC’s Q4 results where it outperformed the pack and exceeded expectations by posting revenues of $8.38 billion
12/17/2014
A federal regulator has warned that financial risk is finding its way back into the U.S banking system, in a similar vein to the years preceding the 2008 crisis
12/17/2014
Over sixty percent say they make impulse purchases
12/17/2014
To that point, this should be a red flag for all investors who either have a financial advisor or are looking to hire one in the future.
12/17/2014
Earlier this week, State Street (NYSE:STT) announced plans to slash the expense ratios for two of its popular European exchange-traded funds (ETFs) by roughly 20%.
12/17/2014
BofA Merrill Lynch Global Research won 260 total team positions – more than any other firm and three more than last year – in the 12 Institutional Investor research team surveys published this year.
12/16/2014
While technology is changing every aspect of banking operations, 77 percent of participants in a recent survey say the greatest impact will be on customer satisfaction and regulatory compliance.
12/16/2014
Do you want the good news or the bad news?
12/16/2014
This increase was driven largely by growth in the advisory and equity underwriting, which posted growth of 28% and 24% respectively, and was offset by declines in the debt underwriting segment of the division, which fell 16%.
12/16/2014
With U.S. stocks and bonds rising ever higher, 2014 was a pretty good year on Wall Street. But for many big financial players it was not as great a year as you might expect.
12/15/2014
New research from global analytics firm Cerulli Associates predicts registered investment advisor (RIA) and dually registered advisor assets will reach 28% marketshare by year-end 2018.