2 Hybrid RIAs Add Wirehouse Reps in California
Plus, Lebenthal Wealth Advisors opens branch in North Dakota energy boomtown.
New Hire Roundup: LPL President Moore Elected to FSI Board
Also, DoubleLine adds four and AssetMark names Natalie Wolfsen chief commercialization officer.
10 Biggest Banks in the World (*With a Footnote)
SNL Financial released its first ranking of 100 biggest banks, but noted that their respective accounting regimes affected placement.
Direxion’s Falkeis: We Want to Be the Leader in Liquid Alts
With one new fund out this week and another coming in November, Direxion’s president says firm will continue its face-to-face approach to educating advisors.
New Hire Roundup: National Advisors Trust Names New CEO
This week in new hires, James Combs was named CEO of National Advisors Trust Co., and FSI elected two new board members.
Nuveen Investments Taps Bob Doll
Nuveen Investments said in late November that it hired Bob Doll, formerly of BlackRock, to serve as the chief equity strategist and senior portfolio manager of its asset-management operations.
Nuveen Hires Ex-BlackRock Strategist Doll
Bob Doll will be the chief equity strategist at Nuveen Asset Management for its large cap and other assets.
Top 10 Biggest U.S. Banks in 5 Key Reputation Categories
Dix & Eaton, a communications consultancy, ranked the nation’s largest bank holding companies in each of the five critical categories, like ROI and image, that determine reputation.
Top 10 Biggest U.S. Banks With Best Reputations
Dix & Eaton, a 60-year-old communications consultancy, identified nine critical value factors that drive the reputation of financial institutions, and ranked the nation’s 10 largest bank holding companies in terms of each.
Banks Report $31 Billion in Overdraft Fees in 2011 as CFPB Ponders New Rules
The amount has caught the attention of the Consumer Financial Protection Bureau, which is reviewing bank overdraft practices.