Billion-Dollar Hedge Fund Managers Command 92% of Fund Assets
Eleven percent of hedge fund managers, or about 570 of them, fall into that group, Preqin reports.
4 Midyear Market Trends to Watch: MFS
MFS’ midyear outlook examines the longevity of the current business cycle, the potential interest rate rise, why consumers aren’t spending and investors’ biggest mistake.
529 Plans: The College Savings Tool Most Families Don’t Know About
About two-thirds of families don't know what a 529 plan is, according to a recent survey. Here's what your clients should know.
Morgan Stanley’s Gorman Defends 25% Pay Raise
The CEO’s $22.5 million salary in 2014 does not put him among the top 10 highest paid in the U.S.
LPL Shares Info on Reps Recruited in Q1
The IBD lags rivals in terms of average assets per financial advisor but says its "technology, solutions, service and resources" set it apart.
SEC’s Former IM Director Returns to Help Craft Fiduciary Rule
Andrew "Buddy" Donohue's "deep knowledge of asset management will be especially useful' as the SEC considers a uniform fiduciary standard," said Chairwoman Mary Jo White.
Talk of FINRA as Advisor SRO Rears Its Head Again
A Republican on the House Financial Services Committee said at FINRA's annual conference that he would "explore" legislation to give FINRA advisor exam authority.
6 Biggest Global Crop Threats
Here’s a look at some of the most notorious problems growers are facing.
Don Trone: Father of Fiduciary—The 2015 IA 35 for 35
Don Trone’s transition from Coast Guard helicopter pilot to a fiduciary leader was a personal one: “A mortgage broker took advantage of me and I hated the feeling. I reported the incident to the regulators and they did nothing.”
New Hire Roundup: NASAA Names Joseph Brady Executive Director
Meanwhile, TIAA-CREF announced that Derek Dorn has been named vice president of public policy and associate general counsel.