$800 Billion to Move, According to Cerulli
Wirehouses are set to lose the most clients, while RIAs and dually registered advisors will be the greatest recipients, according to the research firm's latest...
Advisors, Assets in Motion
After the financial turmoil of 2008, the consultancy Cerulli predicts more than $800 billion will be transferred between distributors in 2009 as a result of advisors changing firms.
Not So Fast
Over the past few months there has been, at least anecdotally, a rush of wirehouse brokers moving to the independent space, either as employees in...
Credit-Oriented Hedge Fund Opens London Office, Boosts Investment Staff
NEW YORK (HedgeWorld.com)--BlueMountain Capital Management's latest hires come as part of the firm's efforts to build a presence in Europe and to add investment capacity to its US$2.6 billion credit derivatives investment platform. The firm hired portfolio managers, an associate portfolio manager, a strategist and a researcher in its New...