Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Columbia-RiverSource to Streamline 62 Funds
By Janet LevauxThe proposed mergers are part of Ameriprise's acquisition of the asset management business, which has about $330 billion in AUM.
August 23, 2010
Columbia-RiverSource to Streamline 62 Fund OfferingsColumbia Management Group says that it has proposed 62 fund mergers as part of the sale of its long-term asset-management business to RiverSource Investments, which is owned by Ameriprise Financial.
August 23, 2010
Bond Fund Inflows Approach Record Winning StreakAn analysis of data provided by the Investment Company Institute, a mutual fund industry trade organization, show bond fund asset inflows have outpaced equity fund inflows for 30 straight months through June.
August 23, 2010
Cerulli's Opportunity Index Compares Managed Account SponsorsAn "opportunity index" to help asset managers focus their distribution efforts is part of Cerulli Associates' new study, "Managed Accounts: Asset Manager Distribution Roadmap," the firm announced on Friday, August 13.
August 22, 2010
White Paper: Buy-and-Hold Has Failed; Dividends PreferableAccording to a white paper released by WBI Investments, "The Unconventional Dividend Based Investment Approach," the strategy touted so much over the years to investors to buy and hang onto stocks within their portfolios is no longer valid
August 22, 2010
Fidelity Finds 401(k) Savings Rise, as Do Withdrawals and LoansData from Fidelity Investments for the second quarter of 2010 shows that while investors are saving more in their 401(k) plans, hardship loans and withdrawals are also on the rise.
August 22, 2010
Small Investors Fleeing Stocks as Bond Prices SoarInvestors are pulling out of stock mutual funds in droves, though foreign stock funds are still attracting cash.
August 20, 2010
Genworth Study: Advisors Need Proactive Marketing StrategiesA Genworth Financial and Quantuvis Consulting study found advisors are sorely lacking in marketing skills. Fewer than one-third of advisors surveyed said they have a marketing plan. Of those, most aren't fully implementing their plan.