NFP Rebrands Retirement Unit
NFP says its wholly owned subsidiary 401(k) Advisors Inc. has been renamed NFP Retirement.
New Hire Roundup: Janus Capital Adds Scholes, Alankar
Also in new hires, the SEC announced that Thomas Krysa has been named associate regional director for enforcement in its Denver office.
ETF-Mutual Fund Hybrid: The Next Big Thing?
Active managers, take note: a new fund format in the works, ETMFs, could wring 50 basis points out of the cost of your mutual fund.
Raymond James Nabs Morgan Stanley Rep; Indie Washington Wealth Adds Merrill FA
Stephen Besse moves with about $360 million in assets, while Matthew Griffith goes independent with about $75 million.
New Hire Roundup: Murphy, Fredrickson Move Up at SEC
Meanwhile, Arbor Point Advisors added Jeffrey Schmaltz and Justin Neuberg joined Convergence Investment Partners.
Why Won’t Advisors Sell?
Securities America’s Roger Verboon relates what he sees on the front lines of advisor M&A: emotional hurdles for sellers, financial for buyers.
Top Portfolio Products: Direxion Rolls Out Leveraged Bear, Bull ETFs
Other new products include a dividend-focused trust from Hennion & Walsh and a Wharton GC hedge fund.
Top Portfolio Products: Euronext, PowerShares Announce Index-Based Portfolio
Other new products include a muni bond ETF from Market Vectors and a variable annuity offering access to alternative investments from Guardian Life.
Top Portfolio Products: Van Eck to Subadvise Market Vectors’ China A-Share ETF
Also new this week are two funds from Thornburg Asset Management, four funds from American Independence and a new AICPA tax calculator.
WIFS' New President on a Mission to Recruit More Female Advisors
Angelia Shay says more women would stay in financial services if they were better prepared to cope with early-career realities.