State Street Reports Q2 Earnings Per Share of 87 Cents, Down From 99 Cents in Q1
By Joyce HansonState Street reported second-quarter 2010 earnings of 87 cents, down 12 cents from 99 cents Q1, due primarily to a securities lending charge. Profits stood at $432 million compared with a loss of $3.31 billion last year.
July 15, 2010
A Glimmer of Job-Growth HopeOverall Employment The private sector added just 83,000 jobs according to the June employment report, which was not enough to offset the loss of some...
July 15, 2010
Time for a Transition (XI): Blogging for BusinessIn recent months, I've been about building client loyalty and share of mind with prospective clients and clients of influence, or COIs. In the May...
July 13, 2010
ByAllAccounts Survey Says 45% of Advisors Still Use Manual Data EntryNearly half of advisors recently surveyed still use manual entry of data for statements, ByAllAccounts, a Woburn, Massachusetts-based data aggregation company, said Monday, July 12.
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
The Temptation of CommissionsWhat's the difference between a commission-based advisor and a fee-only advisor? One is selling an investment product while the other is providing advice. Say what...
July 07, 2010
Schwab RIA Study Shows Advisors Moving Full Speed Ahead With Growth PlansDetermined to buck the nation's trend toward sluggish economic growth, independent RIAs are charging ahead with plans to grow their businesses, says a Charles Schwab Advisor Service study released Wednesday, July 7.
July 06, 2010
Considering Independence? What an Advisor Can ExpectThis is the time of year when I reflect on and appreciate our country's independence. I find it humbling to consider the ultimate price that...