Organization Root Tag

Advisers and portfolio managers will soon need to pay more attention to real estate investing as it enters the mainstream.

The firm pulled in $148 billion in new client money during the first six months of 2016, surpassing its previous first-half record of $140 billion set last year, a spokesman said.

FIAs may generate upside with limited downside, a package that appeals to some advisers and clients — as long as some hurdles can be cleared.

Regulatory and industry changes are driving some advisers to rethink their business model, writes recruiter Mark Elzweig.

"We always tell our client base that the potential opportunity is plentiful, but like every asset class, there is no guaranteed profit," says RBC adviser George Kursar.

"Gold and silver have already come a long way, so perhaps it's not surprising to see them pull back a little," one analyst says.

The 81-year-old widower also won an additional $12,000 for his elderly friend in a FINRA arbitration proceeding.

Viewing these services only as a threat may mean a firm is selling clients short.

Viewing these services only as a threat may mean a firm is selling clients short.

Investors see a nearly 80% chance that rates will be unchanged at the next two meetings of the Federal Open Market Committee, according to prices of options on eurodollar futures contracts.

The firm settled charges by Vermont securities regulators connected to a ski resort at the center of an alleged $200 million fraud. A related lawsuit filed by an SEC-appointed receiver is pending.

The firm's latest hire has 25 years of industry experience and once worked at BNY Mellon.

Insurers including Northwestern Mutual are seeking to gain more capabilities through technology platforms.

Plus, why matching clients with brokers of their race, religion or ethnicity might not meet the legal threshold for affinity fraud.

As volatility remains a real concern, advisers will need to continue to transition into holistic and goals-based advice.

The executive will oversee the development and implementation of business strategies across the bank's wealth management units.

CEO Tidjane Thiam, who joined a year ago, is shrinking the investment bank to free up capital for expanding Credit Suisse's wealth management business, cutting thousands of jobs in the process.

Brexit isn't seen having fallout as severe as the 2008 financial crisis, but you wouldn't know it from the rush to safety in the global market for sovereign debt.

There are risks of contagion to other countries, but "it will take a significant amount of time to see how all that unfolds," says Federal Reserve Bank of Dallas President Robert Kaplan.

The firm is of two minds on the issue: It can hire whomever it wants from competitors, but many of its own advisers are off-limits.