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Some say that character is revealed by what you do when no one is looking. This may be true for an individual, but for leaders within organizations, I contend that perhaps character is revealed by what you do when everyone is looking. When the heat is on. When challenges abound. When resources are scarce, competition is fierce, and failure is a possibility.
November 2 -
Bank of America wants to remind everyone that Merrill Lynch is more than just a sideshow. Trying to move beyond the lawsuits and congressional hearings, BoA will finally start using Merrill for what it intended when it bought the beleaguered investment bank in January: to develop wealth management products.
November 2 -
NEW YORK - After the terrible performance of markets last year, disgruntled investors of all sizes are considering switching financial advisers to someone else, even if their own adviser buffered their portfolio so that it lost less than the market's overall 38% decline.
November 2 -
NEW YORK - Selling retirement income guarantees after a recession is like selling flood insurance after a flood. Timing is everything, and currently the timing could not be better.
November 2 - Money Management Executive
NEW YORK – Charles Schwab has launched eight new exchange-traded funds that offer Schwab clients commission-free online trading in addition to low operating expense ratios.
November 2 -
The U.S. division of Sun Life Financial on Nov. 1 launched its first brand and marketing campaign, “Get to Know Sun Life,” comprised of television, print, online ads and a home website containing social media channels. The campaign, aimed at both investors and financial advisers, stresses the company’s 144-year history.
November 2 -
Although the Supreme Court appeared hesitant to intervene significantly on determining appropriate mutual fund fees as the Jones v. Harris Associates case began Monday, the justices appeared interested in setting a clearer standard on fees, The Wall Street Journal reports.
November 2 - Money Management Executive
On news that the U.S. gross domestic product rose 3.5% in the third quarter and continued signs of ongoing momentum in the stock market, the Dow Jones Economic Sentiment Indicator rose to 36.9 in October, up from 34.1 in September. It was the gauge’s highest reading since August 2008.
November 2 -
Among the many voices weighing in on the mutual fund fee case the Supreme Court heard on Monday, Jones v. Harris Associates, are John Bogle, founder of Vanguard, and former SEC Commissioner Paul Atkins, who, predictably, respectively side with investors and the industry.
November 2 -
Index mutual and exchange-traded funds tied to the S&P 500 Index vary widely on performance, cost and risk, Standard & Poor’s found.
November 2