BNY Mellon’s Pershing Fees Help Bank Offset Forex Woes
By Joyce HansonHigher Q1 2012 clearing services fees at the BNY Mellon unit that includes Pershing Advisor Services helped the bank offset lower trading volumes as the bank fights a number of forex lawsuits.
April 12, 2012
5 Tips to ‘Spring-Clean’ a PortfolioEvery year at springtime, daffodils bloom, robins hunt for worms and people file their taxes. Its this last item thats a reminder to advisors that now is also the time to clean client portfolios.
April 12, 2012
Bachus to Introduce SRO Redraft Early Next Week: Industry OfficialsRep. Bachus' revised bill comes despite economic analysis saying SRO would cost twice as much as funding the SEC.
April 11, 2012
Show Me the Data: A Dose of Reality in Fiduciary DebateWhy is the broker-dealer industry so concerned about the client costs of a fiduciary standard? They arent. That argument was simply a red herring.
April 09, 2012
Envestnet Closes on Prima Capital AcquisitionPrimas Gib Watson becomes group president of Envestnet | Prima in latest expansion by Envestnet.
April 09, 2012
Alternative, Tactical Allocations on the Rise, Curian Survey FindsCurian Capital is out with its annual survey of advisors' attitudes about the future and, little surprise, most mentioned alternative investment and tactical allocation strategies as keys to client success in a still-turbulent global economy.
April 06, 2012
With Planners' Finances Worsening, CFP Board to Publicize BankruptciesWith the number of bankruptcies among certified financial planners on the rise, the CFP Board of Standards announced Thursday that it will start disclosing CFP holders bankruptcies to the public.
April 06, 2012
TD Ameritrade’s Sales Chief Vows to Keep Pounding Fiduciary ‘Advocacy Drum’Peter Dorsey says he will work on continuing to attract breakaway brokers to TDAI custody platform; sees ongoing trend on tuck-ins.