The best way to begin enumerating the services you should deliver to your best clients is by asking them what they want.
There’s some movement in the data consolidation and reconciliation industry that advisers should keep an eye on.
The bank has outstanding liabilities of $100 million to $500 million and fewer than 50 creditors, according to the filing.
In the past two years, 53% of registered investment advisers bought or considered buying another advisory firm.
In another sign of a floundering economy, the unemployment rate vaulted to 5.7% in July.
The exchange posted a 21% increase in the second quarter but came in markedly below expectations.
The state of New York will bring legal action against Citigroup, accusing the bank of fraudulently selling auction rate securities and destroying documents that had been subpoenaed by the state.
Jim Nagengast was named president of Securities America Inc., the broker-dealer unit of Securities America Financial Corp.
While U.S. marshals were hunting down convicted hedge fund fraudster Samuel Israel III, their agency was busy recovering most of his firm's remaining assets.
“The [SEC] emergency order will further constrain normal market operations," said the Managed Funds Assoc. president.
