Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
CFP Board Survey Shows Americans More Concerned About Finances Than Two Years Ago
By Melanie WaddellAs the CFP Board prepares to celebrate its 25th anniversary on July 17, a new survey released Tuesday, July 13, reveals that two-thirds of Americans (66%) believe that the U.S. economy will hold steady or improve over the next six months.
July 13, 2010
UBS Hires Citigroup's Revsine as Derivatives StrategistUBS AG hired Mitchell Revsine, an options strategist from Citigroup Inc., as the U.S. derivatives strategist in New York.
July 13, 2010
U.S. Trade Gap Widens in May; Budget Deficit Shrinks in June, but Still Above $1 TrillionU.S. economic reports released Tuesday, July 13, showed that the trade deficit grew in May to more than $42 billion and the federal government ran a budget deficit of $68 billion in June.
July 12, 2010
Morgan Stanley Attracts Seven Advisors from RivalsThe new Morgan Stanley Smith Barney FAs may bring over close to $5 million in yearly commissions and fees and nearly $560 million in client assets from UBS and Charles Schwab.
July 12, 2010
2010 Top Wealth Managers: The Regulatory Breeze From WashingtonRegulatory uncertainty was often cited as one of "three most critical risks to your firm" by the RIAs who participated in Wealth Manager's 2010 Top Wealth Managers annual survey.
July 12, 2010
FICO Says Credit Scores Sink to New LowsFigures provided by FICO to The Associated Press show that 25.5% of consumers, nearly 43.4 million people, now have a credit score of 599 or below, marking them as poor risks for lenders.
July 12, 2010
GMO White Paper Examines Sovereign Debt CrisisWith the developed world's government indebtedness at a seven-decade high, prospects for economic growth are poor, attended by higher rates of inflation, according to a white paper released by Boston-based GMO on July 12.
July 12, 2010
Morgan Stanley Hires Seven Advisors From RivalsMorgan Stanley Smith Barney (MSSB ) has hired six financial advisers from UBS and one from Charles Schwab, a spokesperson confirmed Monday, July 12.