New Hire Roundup: Principal Financial Names Houston President, COO
Meanwhile, iCapital Network has added a senior vice president and vice president of fund manager due diligence.
World’s Ultrawealthy Population Grows 6% in 2014
These individuals account for 0.004% of the global adult population, but control nearly 12.8% of the world’s total wealth, a UBS/Wealth-X report says.
Merrill Grabs 6 Reps From Morgan Stanley, Others
The recruited reps have about $710 million in assets and $5 million in production.
New Hire Roundup: John Mendez Nominated to Be SIPC Chairman
In another personnel move, Craig Anzlovar has joined Pioneer Investments as fixed income client portfolio manager.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2014
The third quarter saw several firms get hit with problems, while others were able boost their financial results.
Small Foundations Have Outsized Charitable Impact, and Assets Have Grown
Foundation Source finds foundations with less than $50 million in assets have enjoyed strong post-recession growth and that advisors can play a key role in three areas.
Addressing the Worries of Charitable Clients
Many charitably inclined Americans are concerned about the effectiveness of their philanthropic endeavors, UBS says.
Top 20 Colleges With Most Billionaire Alumni
You don't have to have a college degree to become a billionaire, but these schools, mostly in the U.S., have churned out many of them.
7 Worst Credit Cards of 2014
Small-business cardholders in particular have much to be wary about since some credit card rules don't apply to them, CardHub says.
LPL Q3 Earnings Meet Lowered Estimates as Profits Fall 12%
Average production per advisor drops from Q2, but assets tied to RIA relationships strengthen.