Commonwealth Grabs Group From LPL-Affiliated Firm
Benjamin W. Wong and Associates joined Commonwealth after their previous firm, Financial Telesis, was bought by an ex-LPL exec.
5 Big Life Events Driving Clients to Seek Advice
People who seek advice during a life-changing event can become loyal clients if you win their trust. Here are some tips for meeting their needs.
Wealth Firms Adding Indie, Wirehouse Reps
A number of successful advisors are switching channels and broker-dealers at a quick pace in midsummer.
UBS Profits Up Despite Regulatory Fines: Q2 Earnings
UBS profit beat estimates despite muted client activity and charges resulting from litigation and regulatory matters.
Raymond James Recruits 3 Wirehouse Teams, $875M in Client Assets
Meanwhile, Morgan Stanley and Merrill Lynch grab advisors from each other in the latest recruiting push.
New Hire Roundup: Great-West Financial Names Manello CFO
Also in new hires, Treasury's Office of Financial Research added 11 new members to its financial research advisory committee.
Waddell & Reed Fires Fund Manager, Names New President
Two high-profile departures from the firm have caught Morningstar raters' attention.
The 2% Solution: NAPFA Changes Its Membership Standard
I find myself in the curious position of agreeing with both the NAPFA rule change and the advisors who oppose it.
PIMCO Taps McCulley as Economist; Calvert's Krumsiek to Shift Roles
PIMCO rehired Paul McCulley to serve as a managing director and take on a new role as the group's chief economist. McCulley, who worked for the firm from 1990 to 1992 and from 1999 to 2010, also will be a member of PIMCO's Investment Committee and will report directly to...
Swiss Firm Brings Together Science, Application in Behavioral Finance
“Prior to the crisis, it seemed there was a belief that a customer in Switzerland is the same as a customer in China, but this is not at all the case for a number of reasons,” Hens said.