News Feed

For investment managers, the capabilities most in demand this year from retirement plans, endowments and foundations will be global and emerging markets investing, hedge funds, private equity and real assets, according to the 2011 Consultant Search Forecast.

The FP 50 is Financial Planning’s annual ranking of the 50 largest broker-dealers by revenue. Each year, the magazine sends out surveys to the nation’s broker-dealers to collect revenue and other company information used in the listing. This year’s ranking will be published in the magazine’s June issue.

“These customers are seeing their parents struggle,” an executive at Fidelity said. “I think that is making it poignant for them; they need to have a bigger focus on savings.”

New York Life Insurance Co. announced strong 2010 financial results, strengthening its standing as one a post-recession winner in its industry.

According to a Russell survey, enthusiasm for non-U.S. equities has declined.

Standard & Poor's said that U.S. corporate dividend increases surged up 27.8% in the first quarter of this year.

The stunning decline in property values across most of the country, a prolonged recession and plain-old negligence and shortsightedness on the part of American workers have all combined to make retirement more a fantasy than a reality for tens of millions of Baby Boomers who are will soon turn 65 years of age.

Nelson Roberts Investment Advisors this week closed its first RIA acquisition, picking up San Francisco Bay Area-based Sylvan H. Kline Jr. Inc. to bring its total assets under management to more than $275 million.

Motivating staff and building relationships lead to success

“Don’t throw that term (independent) around,” SEI's Jim Morris said. “Clients may not understand it, and they’re inherently skeptical coming out of the events of 2008.”