Organization Root Tag

Scottrade emerged as the top-rated firm in J.D. Power & Associates 2013 U.S. Self-Directed Investor Satisfaction Study, but overall investor satisfaction with self-directed firms declined from last year.

But large banks have narrowed the gap as they have made a more concerted effort to better explain their fee structures to disgruntled customers.

“As investor confidence grows and perceptions of wealth management firms improves, so do advisor perceptions of their firm, particularly among independent advisors,” the J.D. Power study reported.

If approved by stockholders in LPL’s annual meeting in May, Mulcahy will also serve on the Board’s Audit Committee.

BlackRock Inc. hired Gary Shedlin as chief financial officer to replace Ann Marie Petach, who will move to a client-oriented role within the firm.

Investors have been flocking to alternative mutual funds and ETFs - and are being punished for it.

BlackRock Inc., the world’s largest exchange-traded fund provider, has an “edge” over State Street Corp. in buying Credit Suisse Group AG’s ETF business, according to Citigroup Inc. analysts.

Raymond James managed to straddle both the RIA and employee channels, placing second in both.

Raymond James manages to straddle both the independent and employee channels and places second in both.

Following an extensive review, the insurer will discontinue new LTCI enrollments in 2011.

Ameriprise eliminates redundancies in mutual fund coverage following its acquisition of Columbia and subsequent merger with it RiverSource investment unit.