Intrigued wirehouse executives who are looking for a change are beginning to check out independent-contractor broker-dealers, and what they see interests them more and more, industry executives, consultants and recruiters say.
Some insurers are taking away their advisers’ group health insurance and other employment benefits if proprietary-product quotas aren’t met, advisers say.
It’s unlikely that the crisis in the subprime-mortgage market is going unnoticed by some prominent mutual fund managers.
As exchange traded funds proliferate, ETF producers are getting more aggressive when it comes to pitching product.
A life insurer known mainly for its fixed annuities has thrown its hat into the variable annuity ring.
The growth of the financial planning profession overseas is in the fast lane, though there are some speed bumps, observers say.
Advisers are using creative techniques to work within the dense tax code to help their clients reduce their tax payments.
State regulators, led by Massachusetts’ William F. Galvin, are stepping up their attacks on financial scam artists who prey on senior citizens.
Industry observers are worried about the potential effect of an NASD proposal to eliminate the definition of “office of supervisory jurisdiction” and in its place create four new branch-office categories.
Ultrawealthy clients with investible assets of $40 million to $50 million rapidly are emerging as one of the most coveted segments of the wealth management business.
