TD Ameritrade Profits Rise 5.1% as Client Revenue Offsets Fall in Trading
By Joyce HansonTD Ameritrade reported a 5.1% rise in profits Tuesday as BlackRock and Goldman Sachs also reported positive earnings news.
April 11, 2013
SEC Would Use Obama Budget Boost for Advisor ExamsThe agency would use the extra funds to hire 325 examiners250 of whom would be devoted solely to advisor exams.
April 10, 2013
SEC Skates in Madoff CaseRuling deals a final blow to investors who claimed negligence on the part of the regulatory body.
April 09, 2013
We’re in an Extended Bull Market, So Get Used to It: Tiburon CEO SummitTiburon CEO Summit host Chip Roame pointed out advisor trends and opportunities after stock strategists Richard Bernstein and Bob Doll spelled out why were in a long-running bull market.
April 09, 2013
Recruiting Roundup: Baird Grabs Wells FAs, UBS Branch Manager; Royal Adds 2 Indie GroupsThe new Baird group has about $770 million in client assets, and the new Royal Alliance-affiliated reps have more than $400 million.
April 09, 2013
Going Indie? Afraid of Losing Clients? Don’t BeDespite fears they might lose clients when going independent, 79% of advisors who switched to the indie model in the last two years say most clients stuck by their side, Schwab Advisor Services reported Tuesday.
April 09, 2013
LPL Names Russell’s Parker to Lead Investment and Planning SolutionsParker will be based in San Diego and report to Robert Moore, the firms president of advisor and institution solutions.
April 08, 2013
A Modest Proposal: Prosecute Non-Fiduciaries Using Term ‘Advisor’Dalbar CEO Lou Harvey has strong medicine for the ills described in today's fiduciary debate: allow only fiduciaries to call themselves advisors, prosecuting those who misappropriate the name.