The Marsico Flexible Capital Fund was, in part, born of necessity
As recruiting wars heat up, B-D aims to hire 400 new reps. It won't be cheap.
Virginia-based firm looking to add more wirehouse advisers; founder touts adviser transition program
Investors are continuing to stampede out of tax-exempt muni bond funds, but they probably shouldn't, according to Gary Pollack, Deutsche Bank AG's head of fixed-income trading
Gregory Vaughan has the demeanor of your favorite college professor — accessible, attentive and humble
Focus on optimal portfolios – rather than optimal investment strategies – a big mistake, says Muralidhar; death to CAPM
Bank of America wants its advisers and reps to market banking products and to assist clients with banking services. That strategy may not be sitting so well with some advisers. This week, a $250M team jumped to Ameriprise. The reason? Partly, to focus on financial planning, not banking.
The Investment Management Consultants Association got a thumbs-up last week from the American National Standards Institute for its CIMA designation
Wells Fargo & Co. has cut the number of regional managers — and operating regions — in its wealth management division to better integrate the investment advisory business it inherited from Wachovia Corp.
Wells Fargo dramatically rejiggered its regional management set-up — with five execs losing their positions. According to a bank spokesman, the move is intended to help Wells 'realize the efficiencies of the merger with Wachovia.' One of those efficiencies: Cross-selling to Wachovia clients.
