-
Funds that follow a similar approach lost 5.1% over the period, according to Hedge Fund Research.
July 10
-
Advisor Antoine Souma, who leads the group, had been with the wirehouse for just four years.
July 9
-
Investment advice firms netted hundreds of millions of dollars. Here’s where they’re based, what lenders they turned to, and more.
July 9
-
The move would potentially set a bleak precedent for an industry that’s been resisting mass layoffs as the coronavirus pandemic worsens.
July 9
-
One recruit left an IBD to join the wirehouse.
July 9
-
They left Merrill Lynch and Wells Fargo to join their new firm.
July 9
-
Mass exodus from the market has forced managers to dump securities to raise cash, sending prices tumbling the most in at least four decades.
July 9
-
Its rivals have been building out their own insurance arms in recent years and have brought on executives who can help them attract more business.
July 9
-
The rep defrauded clients with promises of a “lucrative investment” tied to the popstar that would also “help needy people,” according to regulators.
July 8
-
The Labor Department’s short comment period is one reason to get up to speed, fast.
July 8
-
The leaders raked in a combined $949 billion over the past decade.
July 7
-
The bank’s home city of Toronto boasts a population that is more than 50% foreign-born, but there is little diversity in the upper echelons of its financial firms.
July 7
-
The survey's perennial champions scored higher than competitors like Wells Fargo, Ameriprise and LPL on every metric.
July 7
-
The leaders Bowersock Capital Partners were academia-bound before discovering wealth management was their true calling.
July 7
-
A “distribution bump” from the commission-free trading trend that took hold late last year may be behind the surge, analysts say.
July 7
-
Some of the defecting advisors had been long-time advisors at their former wirehouse before making the move.
July 7
-
Amy Cooper, who was fired from her job as head of insurance investment, could face up to one year in jail, three years of probation or a $1,000 fine.
July 7
-
Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.
July 7
-
Some advisors have questioned the ethics of taking the loans, intended to help small businesses keep their employees on payroll.
July 6
-
The largest percentage of women advisors for any single firm rose from the previous year, but the available numbers paint a stark picture.
July 6
