AIG Sells Asian Life Insurance Company to Prudential plc for $35.5 Billion
By James J. GreenSale of AIA allow faster payback to the government
March 01, 2010
Changes at the Top for RIA Units at Fidelity and SchwabAt a time when growth in the RIA channel has been robust to say the least, the two largest custodians have announced executive changes and...
March 01, 2010
Schwab Tackles the ETF BusinessAfter months of behind-the-scenes planning, Charles Schwab finally has its own menu of proprietary ETFs. In November 2009, the San Francisco -based company began...
March 01, 2010
TD Ameritrade Stands TallAt its 14th annual conference, held February 3-6 in Orlando, TD Ameritrade Institutional reported record attendance of 2,000, including 1,200 advisors. That strong showing matched...
February 22, 2010
Building Portfolios on the Road to Independence--Part IV: The Role and Use of Alternative InvestmentsWhen I think about the portfolio construction process it brings to mind a few good books I've read over the years. Books like: "Asset Allocation,"...
February 17, 2010
HighTower Attracts Another Wirehouse Team; Aims to Grow AUM to $50 Mn.HighTower has just recruited the Strata Group, which manages some $500 million in assets, from Morgan Stanley Smith Barney.
February 17, 2010
Investors Cap Grows Profits, Boosts Recruiting of Top FAsIn terms of its advisor headcount, the broker-dealer has some 550 reps, down from over 600 a year ago, and says it is "emphasizing recruiting quality over quantity and culling lower-producing representatives."
February 17, 2010
Raymond James: Recruiting Wirehouse and Other Advisors with $1 Billion in Total AUMRecruited advisors continue to join Raymond James from Merrill Lynch, Morgan Stanley Smith Barney and Wells Fargo Advisors.