Schwab Q3 Results Surprise Analysts; Citi Fails to Hit Estimates
By Janet LevauxNet new assets for Schwab were nearly $43 billion, a big jump, according to CEO Bettinger.
October 10, 2013
TIAA-CREF to Boost Advisor Headcount by 45%Recruiting from banks, IBDs and wirehouses, TIAA-CREF has added nearly 200 advisors since the start of 2012 and wants to add 200 more.
October 09, 2013
Joe Duran’s United Capital Acquires Arizona FirmUnited Capital and its affiliates have $17 billion in assets under advisement and, with the addition of Brotherton, 47 offices.
October 09, 2013
SEC Puts Fund Directors in SpotlightThe SEC enforcement division will put a heightened focus on fund boards approval of advisor fees, the co-director of the division said Wednesday.
October 08, 2013
A Techie Who Cares: Meet Trust Co.’s New LeaderWith energy befitting a Silicon Valley startup, Trust Company of America may just be what the industry needs.
October 08, 2013
‘Big Switch’ RIAs Now Regulated by States Exhibit Similar Deficiencies on Exams: NASAAA NASAA report on advisors who switched from SEC to state oversight shows deficiencies similar to smaller RIAs who had been regulated by the states.
October 07, 2013
Genworth Taps Industry Veteran Charles Goldman for Board of DirectorsAs Genworth Financial moves ahead in a partnership with two private equity firms, Goldman, known as a fiduciary advocate, takes the reins as board chairman.
October 07, 2013
$540 Million Gupta Team Leaves UBS for Independent SpaceSan Diego-based Gupta will now custody primarily with Schwab Advisor Services.