Citigroup Profit Misses Estimates on Year-End Trading Drop
Weakness in fixed income worse than CEO Michael Corbat's recent predictions.
LPL’s Moore Says BD Is a ‘Positive Attractor’ for Advisors: Q4 Earnings
Robert Moore, CFO of the largest IBD, tells AdvisorOne flat Q4 is due to market volatility.
Q4 Earnings: UBS Profit Falls as Advisor Headcount Rises
Wealth Management Americas included 6,967 FAs at the end of the fourth quarter, up 171 from a year ago and 54 from the previous quarter.
Q4 Earnings: Ameriprise Misses Estimates, but Boosts Head count
Net inflows of client assets for its 9,730 advisors were $1.35 billion in the fourth quarter.
Q4 Earnings: Morgan Stanley Posts Loss, Reports Lower Asset Flows, FA Headcount
Morgan Stanley reported a loss from continuing operations of $227 million, or $0.14 per share, vs. net income of $871 million, or $0.44 per share, for the same period a year ago–topping analysts’ forecasts.
BofA Back in Black as Merrill Hires More FAs: Q4 Earnings
Bank of America said Thursday that it had net income of $2 billion for the fourth quarter of 2011 vs. a net loss of $1.2 billion in the same year-ago period, meeting analysts’ expectations.
Q4 Earnings: BNY Mellon Profits Drop 25%; Pershing Flat
BNY Mellon’s Q4 profits totaled $0.42 per share compared with $0.54 per share in the fourth quarter of 2010. Analysts had anticipated EPS of $0.52 in Q4.
AdvisorOne’s 2011 Q4 Earnings Calendar for the Finance Sector
Here is AdvisorOne's calendar marking expected Q4 earnings dates for firms of greatest interest to financial advisors.
Q4 Earnings: Schwab Meets Expectations, Reports Weakening Sales and New Assets
Charles Schwab said Wednesday that its net income in the fourth quarter of 2011 grew 37% vs. the year-ago period, meeting analysts’ expectations.
Q4 Earnings: Goldman Beats Street; Net Income Falls
In fourth-quarter 2011, Goldman Sachs earned $1 billion, or $1.84 per share, from October through December, beating analysts' estimate of $1.28 per share.