Before the Advice, Check Out the Adviser
When Elaine and Merlin Toffel, a retired couple in their 70s, needed help with their investments, they went to their local U.S. Bank branch. The tellers knew them by their first names. They were comfortable there. So when a teller suggested that they meet with the bank's investment brokers, the...
How Active Investing Can Keep Portfolios Healthy: Osterweis
A white paper by Osterweis Capital Management points out that while passive investments go up with the market, they also go down with it.
Imminent End of QE in U.S. Spooks Global Fund Managers
Fund managers’ confidence that the global economy would strengthen over the next 12 months plummeted to its lowest level in two years in October, a Merrill survey says.
Rep. Garrett to FINRA: Hold Off on CARDS
“After a preliminary reading of the proposed rule, I remain far from convinced that this new, costly and burdensome proposal is needed,” Rep. Garrett says.
LPL’s Robert Moore: RIAs Are Where the Growth Is
LPL President Robert Moore tells ThinkAdvisor why the BD is not feeling acquisitive and why there's room to grow in the indie RIA space.
New Fiscal Year Will Bring More Advisor Cases: SEC Enforcement Chief
SEC enforcement chief Andrew Ceresney says the agency will continue to bring cases on matters like fees and conflicts of interest.
JPMorgan, Wells Fargo, Citi Kick Off Q3 Earnings on Upbeat Note
The first day of third-quarter bank earnings kicked off Tuesday with a triple whammy.
The Bizarre Recruiting Case of Alfonso Montoya
A $150 million book of business Wells Fargo promised him never materialized — and then the wirehouse took him to arbitration.
Fund Managers Line Up for Alternative Energy Yieldcos
The hunt for dividend yield is pushing U.S. fund managers into an unproven new offshoot of the alternative energy industry.
LPL to Pay More Than $500,000 Over Annuity Surrender Charges
LPL Financial agreed Tuesday to pay $541,058 to seniors in Massachusetts for failing to properly disclose surrender charges these clients paid when switching VAs.