Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Table 2: Income Statement Averages
By Staff WriterAverage Fee-Only Financial Advisor Your Practice Partner Leverage (Employees/Partners)3.4 Revenues/Assets (Return on Assets)74 basis points Pretax Profit Margins38% Source: Tiburon Strategic Advisors Fee-Only...
January 22, 2004
Schwab Advisory Assets Grow 31%NU Online News Service, Jan. 22, 2004, 11:31 a.m. EST -- The Charles Schwab Corp., San Francisco, says it had good luck selling advisory ...
January 21, 2004
Older IRA Holders Shift Away From StocksNU Online News Service, Jan. 21, 2004, 5:42 p.m. EST -- Older workers were about as likely to have stock in their 401(k) plans ...
January 05, 2004
Curian Wins Credit Union ContractNU Online News Service, Jan. 5, 2004, 11:13 a.m. EST -- Security Service Federal Credit Union, San Antonio, has agreed to use the managed ...
December 30, 2003
Principal Financial Reveals Market-TimingDec. 23, 2003 -- Principal Financial Group (PFG), which runs the Principal mutual fund family, revealed that some of its employees, including two portfolio managers,...
December 22, 2003
LifeCare Teams With Geriatric Case Manager GroupNU Online News Service, Dec. 22, 2003, 1:24 p.m. EST -- LifeCare Inc., Westport, Conn., has agreed to market the Guild, an organization for ...
December 04, 2003
Thrivent Hires Investment ChiefNU Online News Service, Dec. 4, 2003, 3:23 p.m. EST -- Thrivent Financial for Lutherans, Minneapolis, has hired Russell Swansen to be its chief ...
December 04, 2003
The Really Rich Fared Better Than The Merely Rich In Market DownturnThe Really Rich Fared Better Than The Merely Rich In Market DownturnByThe technology bust of the late 90s hurt those on the low end of ...