Genworth Taps Industry Veteran Charles Goldman for Board of Directors
As Genworth Financial moves ahead in a partnership with two private equity firms, Goldman, known as a fiduciary advocate, takes the reins as board chairman.
Post-Lehman Crash, Altegris’ Jon Sundt Defends Alternatives as Hedge Against Volatility
“It was a bit of ‘shock and awe,'” Altegris' Sundt recalls of the Lehman crash. His biggest worry: “Do we have any counterparty risk?"
Genworth, Cetera Close Unit Sales Deals
"We are getting back to our roots," says Genworth Financial Wealth Management President and CEO Gurinder Ahluwalia.
Top 10 Most Expensive States for Long-Term Care: 2013
Will you or one of your clients be one of the 70% of people over 65 who will need long-term care? Genworth’s annual study on the cost of LTC indicates that if you are, you will be paying more for it this year.
New Hire Roundup: Marcus Goes to Genworth
This week in new hires, Joel Marcus joined Genworth Wealth Management and Direxion brought in Patrick Rudnick as CFO.
Cetera Buying Fellow IBDs Tower Square, Walnut Street From MetLife
With the addition of 800-plus MetLife independent reps, the Cetera BD network will comprise 7,000 advisors managing $130 billion in assets.
Genworth Sells Wealth Management Unit for $412.5M
Private equity firms Aquiline and Genstar to acquire GFWM and alternatives firm Altegris; management team, including CEO Gurinder Ahluwalia, to stay in place
New Hire Roundup: Former COO Nides Returns to Morgan Stanley
This week in new hires, Tom Nides rejoined Morgan Stanley, Rob Brown went to United Capital and Vanguard announced several investment management changes.
New Hire Roundup: James Hanna Joins Genworth; Morningstar CFO Departs
This week in new hires, Genworth hires a new CTO; Morningstar announced changes in its senior management; and FSI hired Kathryn Anderson and added 500 new advisor members.
4 Groups of People That Probably Need More Life Insurance
A white paper released by Genworth expressed concern that as families trim their budgets, they may be cutting away important purchases that they shouldn’t do without.