The Elevator Speech That’s Sure to Fail: New Genworth Practice Management Book
Consider two financial planners, both of whom specialize in working with doctors, making their 'elevator speeches' at a cocktail party after a medical conference. Which pitch works best?
Genworth Launches Trust Business for Indie Advisors
Advisors worried about losing client assets to corporate trustees seek relationships with firms who will support their primary relationship with clients, says Genworth’s Brad Wheeler.
7 Biggest IPO Flops of Last 25 Years
Some big IPOs, like Visa and UPS, have been a boon to investors, but others have been squashed by their own weight.
Risk on the Rise: Yield Chasers Rush Into Alternatives
Correlation, coupled with the U.S. bond market’s zero-yield environment, has driven advisors into riskier alternative investing.
Genworth Financial Wealth Upgrades Advisor Platform
New features on the platform are designed to make working with clients more efficient, with content and tools that are easier to use, said GFWM President and CEO Gurinder Ahluwalia.
New Hire Roundup: Wyderko Named President, CEO of Mutual Fund Directors Forum
This week in new hires, Susan Ferris Wyderko was named president and CEO of the Mutual Fund Directors Forum and Lisa Resnick became senior VP of retail distribution at Genworth Financial.
New Hires Roundup: Senate Banking Panel Approves SEC Nominations; Gregg Goes to The Hartford
This week in new hires, the Senate Banking Committee approved several SEC nominations; Michael Gregg was welcomed at The Hartford; Tom Douie rejoined Neuberger Berman; and Carl Steinhilber and Roderick Toppin went to MassMutual.
Q1 2011 Earnings: Genworth Profits Fall 54%; Mortgage Losses a Factor
Genworth Financial Inc. disappointed analysts with Q1 2011 earnings per share of $0.17 versus expectations for EPS of $0.21, partly due to mortgage losses.
2010 Q4 Earnings: Genworth Mortgage Woes Result in Surprise Loss
In an unwelcome surprise, Genworth Financial on Wednesday reported a $161 million net loss in the fourth quarter due to problems in its mortgage insurance business, but good news came from long-term care and wealth management.
Genworth Financial to Exit Variable Annuity Business
The company will also suspend sales of ‘linked benefit’ product until market develops.