Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Adding Insult to $2.7 Billion Injury: AIG Is Off Man United Kit
By James J. GreenAIG found itself in the news on August 6 when it posted a $2.7 billion loss for the second quarter of 2010.
August 06, 2010
BNY Mellon Economic Report: More than 4% GDP Growth Expected GloballyAccording to a recently released economic report by BNY Mellon, 4% to 4.5% is the expected global GDP growth rate for 2010 and 2011.
August 06, 2010
Merrill Lynch Webcast Panelists: Expect Rise in U.S. TaxesWealthier taxpayers, not corporations, likely to bear the burden, say members of a panel hosted by BofA's Merrill Lynch.
August 06, 2010
U.S. Jobs Held Flat in July; 9.5% Unemployment Rate UnchangedThe number of jobs fell by 131,000 in July, leaving the U.S. unemployment rate flat at 9.5% compared to June and the number of unemployed persons unchanged, the Labor Department reported Friday, Aug. 6.
August 06, 2010
HighTower's Weissbluth Contemplates Why Brokers Are Like Butchers: The Weekend InterviewHighTower CEO Elliot Weissbluth made it clear in an August 2 interview with Investment Advisor that he welcomes breakaway brokers into his firm--and he compared brokers favorably to high-end butchers.
August 05, 2010
How to Get Clients Back on TrackThe bear market set back many clients' portfolios and retirement plans. We asked two top advisors to share recent cases in which they helped clients get back on track.
August 05, 2010
Fanne Mae Reports Q2 Net Loss of $1.2 BillionFannie Mae stock, which was delisted from the NYSE in June and now trades as penny stock in the over-the-counter market, reported a net loss of $1.2 billion in the second quarter of 2010.
August 05, 2010
How to Tell Clients They Can't Retire YetIt is tough to give clients the news that their finances won't support their desire to retire from work immediately. Here's how five top advisors handle that situation.