New Hire Roundup: Putnam Advances Sipple; Hewson Joins Citi Private Bank
This week in new hires, Scott Sipple moved up at Putnam Investments; Mark Hewson went to Citi Private Bank; Bradford Campbell joined Drinker Biddle; Kimberley Branch and John Forrest went to Symetra; and SNR Denton welcomed Lisa Ledbetter.
How Green Was My Policy
As the headlines over extreme weather conditions and the cost of natural disasters swell, some insurance companies are rising to the challenge.
P/C Currency Complications
The year just passed was a challenge all the way around—tough markets, political unrest, economic woes, natural disasters.
3 Funds to Consider if You Think Financials Are Due to Rebound
Nothing fell further than financials in the recession, but an economic rebound may finally give them a boost. Beware of Basel III, however.
Scope of the Fiduciary Duty Owed by Investment Advisors
A fiduciary obligation goes beyond the suitability standard typically owed by registered representatives of broker-dealer firms to clients. The relationship is built on the premise that the advisor will always do the right thing for the person or entity receiving advice.
New Year, New Fiduciary Rule?
While SEC Chairman Mary Schapiro said in mid-December comments first reported on Bloomberg that the agency would issue a proposed fiduciary rule this year, she also stated in the Bloomberg interview that a fiduciary rule proposal will be “business model neutral” and allow brokers working with retail investors to sell...
Outlook 2012: Washington — Final Outcomes on Fiduciary, SRO?
The regulatory/legislative front will heat up in the New Year for advisors, with four issues taking center stage—the SEC and DOL's fiduciary rules, an SRO for advisors and the 'switching' of advisors.
Reaction to Schapiro Comments on Fiduciary Rule Are Quick and Varied
Bloomberg reports SEC chairman considering “business model neutral” rule that retains proprietary products, commissions; Evensky, Tittsworth, Brown and Barry respond.
Fortune 500 Companies Slow Down Social Media Adoption
It may be hard to believe as more and more firms take up social media, but a report from the University of Massachusetts at Dartmouth found that adoption could be leveling off.
Sticker Shock: Insurance Rates Expected to Rise
Advisors already know that 2011 has been a tough year for insurers.