New Hire Roundup: FINRA Names Keenan, Weddle New Board Members
This week in news hires, FINRA appoints new board members; Gene Tannenbaum was named managing director of Lincoln Financial Advisors; American Century Investments promoted Chris Krantz and Jeff Bourke.
New Hire Roundup: Goldman, Nelson Move Up at NFP; New Vice Chair at FASB
This week in new hires, Michael Goldman became COO and Carl Nelson head of mergers and acquisitions at NFP; John Taft of RBC Wealth Management became a LinkedIn Influencer; more
BNY Mellon Posts Strong Q2 Earnings, Record Revenue, 10% Rise in AUM
The Pershing parent reversed its Q1 loss, helped by a one-time gain. It repurchased $330 million of its stock in the quarter and increased its dividend.
Pershing Expands Offerings From BNY Mellon Parent to Advisors, BDs
Chairman Shea says his expanded responsibilities include “unlocking the value of all of BNY Mellon."
Pershing to Launch NetX360 Mobile Update at Insite
Pershing leverages the deep, $2 billion pockets of its BNY Mellon parent in a way that many competitors can’t match.
Boston Marathon Bombing Puts Spotlight on Global Event Sponsorships
Despite terror in Boston, many sponsors, including financial firms and insurance companies, remain committed to marathons, an industry that's become increasingly global.
BNY Mellon Profits Drop, but Pershing Clearing Helps Offset Losses
Pershing's clearing services revenue helped offset the Bank of New York Mellon's Q1 losses stemming from a foreign tax credit fight.
Enthused About Innovation
William H. Belden, III is a managing director and head of product development at Guggenheim Investments.
Clearing Firms Gain a Human Touch
Traditionally, clearing firms have helped independent broker-dealers by ruling the back office. Now these durable companies are stepping out front by tuning BDs in to vital growth opportunities—as well as to potential perils.
Attracting Women: Pershing, Fidelity Help Advisors Give Female Clients What They Want
The trend toward learning how to better talk and listen is a reminder to advisors, the majority of whom are male, that women communicate differently from men.