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.
Fund Managers of the Year Announced by Morningstar
Morningstar announced its 2012 U.S. Fund Manager of the Year award winners in early January, after releasing the names of nominees by category in late December.
T. Rowe Price Approved to Launch Actively Managed ETFs
The fund shop has cleared the first hurdle in rolling out ETFs, which is says would not be similar to its traditional mutual funds
Raymond James Recruits Wells Fargo Mother-Daughter Team
A Baltimore-based CFP team with $200 million in AUM and $2 million in annual production has jumped ship from Wells Fargo to join Raymond James’ IBD channel.