08/19/2016
Most investors say there’s no difference in IRA providers
Provider fees were cited as the top reason for selecting an IRA by the investors surveyed by TIAA
Comment, Analysis & Research
08/19/2016
US investors to globalise core exposure as domestic property slows
It also plans to invest $20m into Velocis Fund II, which is employing a value-added strategy in secondary US markets.
08/19/2016
Prudential: Optimized benefit plans bridge financial protection, retirement security for employees
The new report, “Insights for Optimizing Your Employee Benefit Program,” provides valuable insights about linkages between different benefit offerings and overall outcomes.
08/18/2016
Black-owned banks are disappearing at an alarming rate
Minority owned institutions were hit even harder.
08/18/2016
Time to Redefine “Wirehouse,” “Regional” and “Independent”?
Advisors who want to transition their business need to know these distinctions, but many apparently do.
08/18/2016
Patterns of Behavior That May Warrant Taking A Different Approach with Female Investors
There is still relatively little differentiation across firm products and platforms to target female investors.
08/17/2016
Presidential Politics Shape Outlook for Latin America's Asset Management Industry
These findings and more are from Latin American Distribution Dynamics 2016: Keys to Gaining a Foothold in Increasingly Globalized Market, a report developed in partnership between Cerulli and Latin Asset Management.
08/16/2016
Higher Fees Increase Law Firm Revenue by 4.1 Percent
The growth was primarily driven by an average billing rate increase of 3.2 percent
08/16/2016
Investment research firm: Financial services can withstand fintech threat
New technologies such as online bill payment have made it more inconvenient to switch bank accounts.
08/16/2016
What’s Culture? No Bonuses to High-Ranking Partners at Gibson Dunn
The firm’s culture is oft-cited by The American Lawyer and others as a point of strength.
08/15/2016
Sexism still rife in asset management
Female fund staff say there has not been enough progress for women in the industry
08/15/2016
Millennials' distrust of banks is spawning a new breed of startups
They tend to trust technology more than the recognized stalwart brands, like a J.P. Morgan Chase or a Wells Fargo.
08/11/2016
RCBC says it keeps ties with US banks despite heist role
A correspondent bank provides services, such as facilitating wire transfers or accepting deposits, on behalf of another bank.
08/11/2016
SS&C GlobeOp Hedge Fund Performance Index: July performance 1.83%
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2016 measured 1.83%.
08/11/2016
LatAm Criminals Suspected of Stashing Drug Money in U.S. Shell Companies
Americans spend $65 billion on illegal drugs every year, but only $1 billion, or roughly 1.5%, of that money is seized per year, says the report citing the Office of National Drug Control Policy.
08/11/2016
Wall Street bankers’ bonuses expected to decline
Wall Street companies have seen bond trading revenue contracting for about seven years, as new trading regulations are cutting profits.
08/11/2016
Latest Article by "Pillar Wealth Management, LLC" Explores the Nature of Ultra-High Net Worth Families
The article further points out that ultra-high net worth investors often harbor a deep fear of loss
08/10/2016
The hedge fund industry has a problem
The industry now has as many as 11,000 funds worldwide, managing about $3 trillion in assets.
08/10/2016
Wall Street bankers are revolting against Donald Trump
The Trump campaign did not respond to multiple requests for comment.
08/09/2016
New Study: Data Theft Rising Sharply, Insider Threats Cited as Leading Cause
New Ponemon Institute Report Finds Most Employees Have Too Much Access, Multiplying Damage When Accounts Are Compromised