Practice

UBS has hired Louise F. Gunderson as a new managing director of investments for its midtown New York office.

It seems we have reached the absolute bottom of the barrel in terms of regulatory efficiency. If the SEC is spending weeks on trivial issues and completely missing Bernie Madoff then it is clear that something is seriously broken.

In the past year, TD Ameritrade’s mobile trading has increased by 125%.

Male and female participants in MassMutual’s retirement savings plans had about the same among of their retirement assets in asset allocation options in the fourth quarter of 2010—24.3% for women and 24.0% for men. However, nearly all of the women’s allocation was to target-date funds, while the men had half their assets in target-date funds and half in risk-based options.

A MassMutual Retirement study found that women put their retirement assets in target-date options twice as often as risk-based options in the fourth quarter of 2010, while men were just as likely to use a target-date fund as they were a risk-based one.

Advisor-owned firm HighTower has expanded its advisor force with the addition of four Merrill Lynch veterans in Portland, Maine.

After years of absorbing one punishing body blow after another as the market continued its free fall, affluent investors are finally starting to regain their confidence and invest accordingly, according to a new survey from Spectrem Group

More than half say they’ll buy stocks in 2011

Customer relationship management is more than just an industry buzzword. In fact, for advisors it can be the difference between a profitable business and a really profitable business.

The average balance reached $71,500 at the end of 2010.