Advisors Fail to Address Retirees’ Housing Needs: Legg Mason
Advisors are falling behind in helping their aging clients prepare for what could likely be one of their biggest expenses in retirement: where to live.
Raymond James Grabs 3 Reps From Rivals
The new advisors join different channels with a total of $1 billion in assets and more than $2 million in yearly fees and commissions.
Vanguard CEO to Chair ICI Board of Governors
William McNabb, chairman and CEO of The Vanguard Group, has been elected chairman of the ICI Board of Governors, the institute announced Thursday.
BD Stocks: What to Expect as QE Rolls On
Citi analysts say some broker-dealers could weaken in the short term thanks to the Fed's latest move, while some asset managers may strengthen.
New Hire Roundup: Dana McLaughlin Joins Beirne Wealth Consulting
This week in new hires, CLA Wealth Advisors added George Hostal, and Hartford Funds brought in Shaun McDonald and Dylan White.
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.