01/11/2012
The combined businesses of Raymond James and Morgan Keegan will create one of the country’s largest full-service wealth management and investment banking firms not headquartered on Wall Street.
01/10/2012
With the sale of GFIS, Genworth will focus on its core turnkey asset management businesses within Genworth Financial Wealth Management.
01/10/2012
The company plans to give investors more details this week, said the people, who asked not to be identified.
01/10/2012
Bob English, an independent trader and contributing editor to the blog, Economic Policy Journal, published a post this morning that raises serious questions about the Securities and Exchange Commission’s program of regulation for broker/dealers and,
01/10/2012
The new fund will be offered both as a stand-alone member of the John Hancock family of retail funds, and will also be a component of the John Hancock Alternative Asset Allocation (JAAAX) fund as well as several of the John Hancock Lifestyle funds.
01/10/2012
Focused on delivering current income and dividend growth through investments in high-quality companies, the Fund invests at least 80% of the value of its net assets in a diversified portfolio of equity securities.
01/09/2012
Although Anschutz received about $374 million, he argued they were pending deals not final sales. That meant tax deferral was appropriate, he argued.
01/09/2012
Founded by Gregg Fortune, CFP(R), CFS, AEP, The Professional Advisor Group is an independent wealth management firm that forms strategic alliances with CPAs, attorneys, and other professionals to provide its clients with comprehensive life services. Their
01/09/2012
The copper coin, minted in the first year the US produced its own coins, sold at the Florida United Numismatists coin show and annual convention.
01/08/2012
As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the euro-zone debt crisis which, though off the front page for the time being, remains largely unresolved. However, with economic data in the US and emergin
01/06/2012
Butterfield names Executive Chairman designate
He was previously Chief Executive Officer, HSBC North America
01/06/2012
But announcements of more than 125,000 job cuts last year mean bankers will find it harder to use their traditional excuse that they need to pay out big bonuses to retain top talent.
01/06/2012
Majority of ultra wealthy don't share personal goals with financial advisors
The poll, of nearly 100 individuals representing individuals or families with more than $5 million of investable assets, was carried out by independent research firm Phoenix Capital Research.
01/06/2012
The UBS Next Generation Internet Index (the "Index") is intended to measure, on a total-return basis, the performance of a subset of Internet-related companies listed on the NYSE or NASDAQ that satisfy specified market capitalization and other e
01/05/2012
More than three-quarters of survey participants indicated that clients have had direct experience in dealing with a family security issue and nearly all agreed that the family's worth makes them a target.
01/04/2012
Based in New York, Bhansali joined Ariel last October as chief investment officer of international equities. She reports to Ariel founder and Chief Executive John Rogers.
01/04/2012
Even if policy makers in Europe solve the debt crisis swiftly and their U.S. counterparts come to agreement on how to handle this country's own debt woes, Wall Street expects markets will continue to gyrate unpredictably. After the last few years, ma
01/04/2012
LPL, which has 12,800 financial advisors, has made no secret of its strategy to build up its RIA business
01/03/2012
Big Bank CEOs Walk Away With Big Bucks in 2011
Banks may have been the hardest hit this year in the stock market, but the CEOs who run them are doing just fine.
01/03/2012
The average tax rate for the 400 wealthiest Americans was 29.3 percent in 1993, but dropped to 18.1 percent in 2008, according to the latest IRS statistics.