State Street Global Advisors did not acquire J&W Seligman & Co. in June ["State Street to Acquire Hedge Manager," MFMN 7/22/02]. Rather, State Street expanded the back-office services it uses from Seligman.
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Like 2023, 2024 has been good to Edward Jones. The St. Louis-based firm finished the first quarter with higher revenues and more financial advisors on its payroll.
6h ago -
The mammoth coup far outpaces other recruiting deals of recent memory.
7h ago -
Despite the apparent decline, the independent broker-dealer giant remains one of the leaders in advisor recruiting and merger and acquisition deals.
9h ago -
Many factors can influence the timing of a person's retirement, but new research shows nothing comes close to health problems.
9h ago -
More than a third of financial advisors will retire in the next decade in a profession in which nearly 3 out of 4 rookies fail to make the grade, creating a headcount problem for the industry.
May 10 -
Advisors and other leaders in the profession have a unique window into what "wealth" really means. Here's how they defined it.
May 9