Only six managed the feat, in fact — those that did said the gains mostly came from expanded client rosters and smart investment choices
Politicians of both parties are giving us lessons in how to snatch defeat from the jaws of victory.
James McDonald, president and chief executive of Rockefeller & Co. Inc., one of the country's largest multifamily offices, died on Sunday. He was 56.
Financial planners and accountants are in for a busy year or two if President Barack Obama gets his way on the budget and a health care reform bill.
Many financial advisers who attended the Technology Tools for Today conference last week are looking to squeeze as much money as they can from their precious technology budgets.
Like the public's trust and confidence in Wall Street, faith in the Securities and Exchange Commission was shattered as a result of the 2008 financial meltdown.
Adviser satisfaction with independent broker-dealers will be ranked separately for the first time by J.D. Power and Associates, the company said today, as it launched its annual survey of adviser satisfaction with their brokerage firms.
Employment is now job one at the White House.
Despite the market's lukewarm reception to John Hancock's slimmed-down variable annuity, other insurers continue to introduce competing products aimed at financial advisers who have usually sidestepped such VAs.
For most investors, not having access to their money is a drawback.
The Senate this week begins debate on its version of a financial-reform bill.
A bill has been introduced in the Washington state legislature that would double estate taxes for residents.
While practice management experts said advisers must maintain a fine line between finances and personal issues, it's not uncommon for advisers to forge close friendships with their clients.
Ken Kaltman, chief operating officer at National Compliance Services, Inc. in Delray Beach, Fla., will soon have a lasting memento of his $15,000 donation to the Clinton Bush Haiti Fund. He'll be the proud owner of the wingback chairs that both former presidents actually sat in for their “debate” at the TD Ameritrade conference earlier this month.
That's good news for consumer-oriented companies, which are likely to benefit from more incremental spending
The failure of Congress to strip the fiduciary exemption from broker-dealers may turn out to to be the greatest marketing opportunity ever for financial advisers
Financial advisers and brokers should “seize the day,” and “embrace and leverage open architecture products,“ according to David Pottruck, co-chairman of HighTower Advisors LLC in Chicago.
HighTower Advisers, the registered investment advisory firm and rising independent broker-dealer powerhouse, has built out its management team and expanded the role of one of its top directors: David Pottruck, the former chief executive and president of The Charles Schwab Corp.
