SEC Enforcement Roundup: Radio Financial Guru Charged
Recent SEC enforcement actions include charges against a California man who tipped off a hedge fund manager with inside information and a radio personality who misled investors about an investing plan.
Labor (Force) of Love: Advising Working Moms
Working moms are feeling the pressure from their twin roles of breadwinner and caregiver, author Erin Flynn Jay said.
New Hire Roundup: Orizon Joins Mariner
This week in new hires, Mariner Wealth Advisors announced its acquisition of a majority interest in Orizon Investment Counsel’s wealth management division, and Lynne Ford joined Calvert Investments.
Spain, Cyprus Downgraded
Moody's cut the ratings of Spain and Cyprus on Wednesday. Bond yields topped 7% for Spain, and in Italy’s first bond sale since Spain’s bailout yields surged.
15 Best Cities for College Grads to Find Work—and Live
More than half of employers say they plan to hire recent college grads this year, according to a survey by CareerBuilder—but where?
RJ-MK Merger: It’s a Wrap
Raymond James Financial said April 2 that it had completed the acquisition of Morgan Keegan from Regions Financial, paying $1.2 billion in cash.
New Hire Roundup: Hedge Fund Association Announces Officers; Carlyle Names Board
This week in new hires, Hedge Fund Association announced newly elected officers; Carlyle Group named new board members; Altegris welcomed Amy Bennett; Sanjay Puri joined Zephyr Associates.
LPL Financial Names Joan Khoury Chief Marketing Officer
Former Merrill, Wachovia, BONY marketing veteran to head up largest independent broker-dealer’s marketing efforts.
New Hire Roundup: Neuberger Berman Names Salzmann, Greene
This week in new hires, Neuberger Berman appointed Eli Salzmann and Michael Greene as fund managers; Lacey Dingman became director of the SEC’s Office of Human Resources; and JHS Capital Advisors welcomed Young, Stovall & Co. to its advisor network.
Following a Trend, John Hancock Retreating From Annuity Business
Firm will discontinue a number of VAs, market-value-adjusted annuities and an immediate annuity, blaming 'volatile equity markets' and low interest rate environment. Kerry Pechter sees move as continuing a trend.