Where to Invest When Safe Havens Crumble
“For decades we thought Treasury bonds were the safe haven, and look at what’s happened in the last two months,” a BNY Mellon researcher said.
New Hire Roundup: Ex-NFL Quarterback Joins Lourd Capital Management
This week in new hires, Lourd Capital Management welcomed former NFL quarterback Cade McNown as vice president, and Christine Walker went to Drexel Morgan Capital Advisers.
First Allied’s Surprise Sale to Real-Estate Group Creates ‘Whole New Dynamic’ for BDs
Flush with cash, more conglomerates that sell REITs could follow in Realty Capital’s footsteps—perhaps spawning conflicts of interest, Jonathan Henschen says.
HighTower, UBS Veteran Join in New York Partnership
MK Wealth Management’s principal, Mark Kravietz, is a longtime veteran of the financial services sector, most recently at UBS Financial Services.
Barclays, Morgan Stanley, Raymond James Grab Reps From Rivals
The movement involves advisors with more than $15.6 billion in client assets under management and $36 million in yearly fees & commissions.
A Strategy for More Fee Income: Adhesion’s Stier
Adhesion Wealth Advisor Solutionsis partnering with BlackRock to offer the BlackRock Model Portfolios in its investment strategies lineup.
SEI Added 488 RIAs in ‘12
The advisor network also says its business grew 40%, or by $7.1 billion, last year.
How LIBOR Settlement Could Hurt UBS
UBS, which has more than 7,000 advisors in the Americas, recently agreed to pay more than $1.5 billion over LIBOR manipulation and related charges. Will its troubles drive away clients and recruits?
For 403(b) Success, Combine Monitoring and Management
For advisors who specialize in the ever-changing 403(b) and 457 retirement plan marketplace, knowing the distinction between portfolio monitoring and portfolio management is critical.
New Hire Roundup: LPL Financial Welcomes Lochan
This week in new hires, Brendt Stallings and Husam Nazer joined DoubleLine, the MSRB board announced that it is looking for a few good applicants, and Citi named two new co-presidents.