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Two straight quarters in the black is not good enough for Grayson Hall, the chief executive of Regions Financial Corp., to proclaim "mission accomplished."
April 20 -
The combination of extortion and the use of threats to air an alleged extramarital affair against a state official is probably not the best way to win an investment contract at the New York State Common Retirement Fund.
April 20 -
After years of incredible growth in sales, earnings and market cap, Google's first-quarter earnings miss and spike in operating expenses has unnerved some analysts and investors.
April 19 -
Investors and advisors are concerned about IRAs and Ed Slott provides the answers.
April 19
Ed Slott & Co. -
State Street’s top executive says the Boston-based company wants to continue to “fortify the foundation” without losing sight of opportunities for further growth.“I look back over the last couple of years, and in spite of what looks like a recovered market there is still a lot of instability,” Jay Hooley, State Street’s chief executive officer said in an interview on Tuesday. “We want to be sure our foundation is solid in terms of capital and risk management and make sure we have returned to basics in terms of our core asset servicing and asset management businesses, but also we want to be sure we are investing in enhancing our product capabilities. Our focus is really the whole package.”
April 19 -
Morgan Stanley Smith Barney has revamped the leadership structure for its wealth management business, according to an internal memo sent by the firm’s global wealth management President Greg Fleming.The moves come as MSSB approaches its two-year anniversary of the inception of its business after Smith Barney was purchased from Citigroup, Fleming notes in his letter. It also comes after Fleming was named to his role in January, replacing Charlie Johnston.
April 19 -
The combination of a robust U.S. equity market and the proliferation of company-sponsored retirement plans helped push total assets in 401(k) pans over the $3 trillion threshold at close of last year, up 13% from 2009.
April 19 -
The Financial Industry Regulatory Authority announced Tuesday it suspended indefinitely Pinnacle Partners Financial Corp., of San Antonio, Texas, and its president, Brian K. Alfaro, for failing to comply with a FINRA temporary cease and desist order “prohibiting their fraudulent misrepresentations.”The suspension resulted from FINRA’s notice of suspension that alleged that Pinnacle and Alfaro continued to make fraudulent oral and written misrepresentations and omissions in connection with their offer and sale of certain oil and gas joint interests. The temporary order was issued on Jan. 21.
April 19 -
Sometimes, advisors can build a better business by avoiding discussing business altogether.
April 19
Financial Planning


