8 Back-to-School Planning Tips for Advisors (and Their Clients)
A chance for advisors to connect with the next generation...
Bill Miller, Legendary Fund Manager, Back on Top
Bill Miller, the Legg Mason fund manager who beat the S&P 500 for 15 years straight before seeing his fund massacred by the financial crisis, is proving you can't keep a good manager down, says The Wall Street Journal.
BD Stocks Blowing Away Indexes
The Dow Jones Industrial Average and the Standard & Poor's 500 indexes rose roughly 12%, excluding reinvested dividends, in the first half of 2013. Many broker-dealers fared even better.
Raymond James, Janney Nab More Wirehouse Reps
There's some debate, however, as to what's driving the latest movement out of the wirehouses and its significance, experts say.
Morgan Stanley Nabs Wells, UBS Reps
Meanwhile, Janney recruits a team from Stephens in Columbia, S.C.
Who Will Slay the Index-Investing Dragon?
While the proportion of funds that are passively managed is at at an all-time high, alpha seekers should not despair.
Recruiting Roundup: Morgan Stanley, Janney Lure Reps
UBS and Baird also report their latest advisor recruiting news.
New Hire Roundup: Senate Finance Names Getz Tax Counsel
This week in new hires, Kara Getz joined the Senate Finance Committee as tax counsel, and ICI named Michelle Mesack director of financial services policy.
Janney Nabs Morgan Stanley Team in Delaware
The advisors join with about $195 million in assets and $1.5 million in yearly fees and commissions.
Equities Are Hot, but Affluent Investors Won’t Bite: Legg Mason
It seems affluent investors once again like equities for income, but are holding fast to their fixed asset allocations.