New Hire Roundup: Hatteras Promotes Murphy
This week in new hires, Robert Murphy was named CIO of Hatteras Alternative Mutual Funds; Steven Lofquist went to JHS Capital Advisors; and Franklin Square welcomed Mike Gerber.
2012 Broker-Dealers of the Year; Top Wealth Managers: September Investment Advisor—Slideshow
September is our annual broker-dealer issue and includes the 22nd annual Broker-Dealers of the Year contest.
Forces for Good: Biggest Trends and Challenges for Broker-Dealers
Albridge and Beacon Strategies revisit their 2010 survey to identify two forces that are pressuring the broker-dealer industry and how BDs are responding.
Clinton, Other Speakers Headline Insite
Insite 2012, Pershing’s 14th-annual conference, attracted more than 2,000 attendees, many of whom are broker-dealer home office personnel and BD reps who work through Pershing’s clearing business and use its technology.
At Pershing Insite, a Plea for BDs to Scrutinize Reps’ Outside Dealings
Joan Schwartz of Pershing warns BD executives to better scrutinize such dealings, since “this is how bad reps are stealing clients’ money.”
Pershing Co-CIO Announces 3 Big Technology Initiatives
Lucille Mayer steps into Suresh Kumar’s shoes and touts NetX360 for end clients, next-gen managed accounts and complete business solutions.
5 Misconceptions About Consumers and IRA Rollovers
The IRA rollover market creates a massive opportunity for advisors, according to recent research from McKinsey & Co.
Pershing to Offer 529 College Savings Plans
The new 529 college savings plan is designed to help advisors overcome the hurdle of managing college savings outside their clients' portfolios.
Clearing Firms’ Expanded Mission
Financial advisor Bruce G. Allen, who catered to HNW individuals in Denver, staunchly survived the 2008-09 financial crisis and was ready to embark on a growth program — only problem was, he didn’t know how to do that.
Small Broker-Dealers Under Fire but Confident: FSI OneVoice 2012
Fee compression, new regulation and industry consolidation are threatening the independent broker-dealer business, especially smaller firms, experts say, leading some to openly question whether these firms will survive.