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On May 2, 2012, Schroders made a trio of new hires for its fixed income unit.
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On May 2, 2012, Boston Financial hired a former DST sales executive.
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On May 2, 2012, PIMCO revealed that its flagship fund hit a new milestone.
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Meet the 2012 Top 20 Program Managers. We considered four factors in this years ranking: growth in team production; growth in team assets; average production per advisor and number of FAs the manager oversees. Our next issue will include all the data points as well as bios. In the meantime, enjoy the slide show and congratulations to the winners. Plus, heres a link to last years winners. And, heres a link to 10 who just missed this year's list.
May 2
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On May 2, 2012, Financial Planning reports that asset managers are using social media, but not seeing increased sales.
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Despite a 10% drop in the total number of broker-dealers in the past five years, the total number of reps industrywide has fallen a correspondingly negligible amount.
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On May 2, 2012, Nationwide added a slew of funds to its anuity portfolio.
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On May 1, Fidelity reported an average increase in its participants' 401(k) balances.
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April was a roller coaster ride for investors. Here are five stocks that weighed down the Dow the most last month.
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On May 2, 2012, Eaton Vance Corp. launched the Eaton Vance Global Natural Resources Fund.
May 2
