Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Housing Starts Dropped Precipitously in June, Commerce Department Says
By Joyce HansonNew home and apartment construction statistics for June showed a precipitous drop in housing starts, which were 5.0% below the revised estimate for May and 5.8% below the June 2009 rate, the U.S. Commerce Department reported.
July 19, 2010
Twitter, Facebook Confusion? LIMRA/LOMA to Offer Advisors Social Media HelpLIMRA and LOMA are offering help to financial services professionals by hosting a seminar on the various business opportunities and challenges that social media presents.
July 19, 2010
Home Builders' Confidence Index Plummets to Lowest Point Since April 2009The National Association of Home Builders (NAHB)/Wells Fargo housing market index showed builders' confidence in the single-family housing market dropped to its lowest point since April 2009, down two points to a reading of 14 in July.
July 19, 2010
Double-Dip Recession? Lord Abbett's Ezrati Offers 7 Reasons It Won't HappenMilton Ezrati, partner and senior economist and market strategist for Lord Abbett, argues that actual data on the economy fly in the face of such an outlook.
July 19, 2010
LaCrosse Global Fund Services to Buy BofA Merrill Lynch Administration BusinessLaCrosse Global Fund Services announced it has agreed to acquire the global alternative fund administration business of Bank of America Merrill Lynch, subject to regulatory approval.
July 19, 2010
J.D. Power Survey: Client Satisfaction With Brokerage Firms ImprovesStudy says overall satisfaction is up for customers of full-service firms, but more investors think their 'firm is driven by profits, rather than focused on customers.'
July 19, 2010
U.S. Trust Hires Trading Head and Leader of Northeast DivisionU.S. Trust has appointed Rowland (Chip) Bankes as head of trading and Stephen Doty as investment executive of its northeast division, based in New York.
July 18, 2010
The Hartford Announces 36 Lower Fund FeesThe Hartford Mutual Funds has announced that, effective July 1, permanent mutual fund expense reductions have taken effect on 36 funds.