Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Baird Draws Four Advisors From Morgan Stanley, Opens Wealth Management Office
By Janet LevauxBaird said that it just added four financial advisors and opened the firm's first wealth management office in Charlotte, N.C.
May 26, 2010
U.S. Durable Goods Rose 2.9% in April, Beating ExpectationsNew orders for U.S. durable goods rose 2.9% in April largely due to a $7 billion increase in commercial aircraft, for the fourth increase in the last five months after a slight decrease in March, the Commerce Department reported Wednesday, May 26.
May 26, 2010
New Home Sales for April Posted Surprisingly Strong 14.8% Increase vs. MarchNew single-family homes in April sold at a 504,000 unit annual rate, the highest since May 2008, the U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday, May 26.
May 26, 2010
Stephen Covey Opens Independent Fiduciary Symposium Emphasizing TrustIt was a refreshing change to see Stephen Covey speak in an intimate setting in a room with about 45 people as he kicked off the Independent Fiduciary Symposium on Tuesday, May 25.
May 25, 2010
Vanguard Study: Low-Cost ETFs, Mutual Funds Dominate Over 10-Year PeriodA new Vanguard study finds that lower-cost mutual funds and ETFs have attracted the predominant portion of investor dollars over the past decade.
May 25, 2010
Jackson National Life Expands With New Tennessee OfficeIn a possible sign of further improvement in the life insurance and annuity industry, Jackson National Life Insurance Co. announced it will establish a regional headquarter in Franklin, Tenn., a suburb of Nashville.
May 25, 2010
LIMRA: Individual Life Insurance Sales Improve in First QuarterWhole life insurance, the only product to show positive growth in 2009, experienced the next biggest increase in the first quarter of 2010, jumping 15%, according to LIMRA.
May 25, 2010
Consumer Confidence in May Rose Third Month in a RowConsumer confidence rose for the third month in a row in May, still showing some weakness, but expectations about future conditions are at their highest levels since before the recession, the Conference Board reported Tuesday, May 25.