Top Portfolio Products: Putnam Rolls Out DC Website
Underwriters exercise option in WisdomTree secondary offering.
Top Portfolio Products: Schwab, Piper Jaffray to Boost Muni Bond Access
New products introduced over the last week include an arrangement between Schwab and Piper Jaffray to provide investors greater access to the latter’s new muni bonds; more.
New Hire Roundup: New National Segment Leaders at Mercer Hammond
This week in new hires, Mercer Hammond named three new national segment leaders, National Advisors Trust brought in Joseph Morsman, and BKD Wealth Advisors announced internal promotions.
New Hire Roundup: Mehra Goes to Salient; New CFA Institute Head
This week in new hires, Dr. Ajay Mehra joined Salient Partners; Alan Meder was named chairman of the board of governors at CFA Institute; and Yuri Khalif went to Hatteras Funds.
Compensation Spending Down at Goldman, Up at Smaller Firms
Goldman Sachs ended 2011 with one of the lowest compensation-to-revenue ratios of the publicly traded investment banks, 42%, according to SNL Financial analysis.
UBS Team Jumps to Independence at Raymond James
A team with $200 million in assets joins Raymond James Financial Services in Duluth, Minn.
New Hire Roundup: Fidelity Names Presidents, SIFMA Gains President and Board Members
This week in new hires, Fidelity Asset Management announced two new presidents in its fixed income division and SIFMA announced its new president and board members.
Merrill's McCann Speaks Out on FAs, A.G. Edwards and Rule 202
What is that status of Merrill Lynch's private client group?If you take a long-term perspective, the business was restructured and repositioned between 2001 and 2003....
UBS' Take on Fee Work: 'A Lot of Clients Want It'
Marten Hoekstra, head of U.S. wealth management for UBS, gives his opinion on the New York Attorney General's recent lawsuit, acquisitions and plans for 2007....
UBS to Buy McDonald after Piper Jaffray Deal Closes
What do you do after gobbling up some 700 Piper Jaffray advisors? If you're UBS, you make another deal -- this time to rake in...