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Merrill Lynch Wealth Management is putting the spotlight on advisor training with its appointment of Racquel Oden as head of new advisor development.
February 27 -
ETFs are still gaining market share, but of course they aren't all having a stellar year so far. Here are the five best- and worst-performing ETFs so far this year based on data from Morningstar.
February 27 -
Branches are vital to attracting new customers and cross-selling to existing ones, but they're also expensive. Some banks continue to add branches, but most institutions are focused on pruning their networks to cut costs.
February 27 -
As four officials begin terms as volunteer chairmen of CFP Board councils, a former panel chairman highlights the challenges they may face.
February 27 -
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That makes for two big recruits in two days. A day after announcing the addition of a $1 million team from Wells Fargo, the firm has landed a second million-dollar team.
February 27 -
Here's what advisors can do when a client resists selling a stock that's grossly overweighted in his or her portfolio.
February 27 -
The Federal Deposit Insurance Corp.'s fourth-quarter report on industry health showed continued challenges to growth, but the second straight increase in net interest margins is a promising sign for the future.
February 27 -
Chances are remote that Congress will pass a big bank tax into law this year, but House Republicans' sudden embrace of the idea suggests it has staying power.
February 27 -
Fewer retirees are expected to receive spousal or survivor benefits from Social Security and private employer-sponsored pension plans in the future, increasing their economic vulnerability, according to a new government report.
February 27 -
A small division of the firm previously engaged in illicit activities to shield U.S. funds from tax authorities, officials at Switzerland's second biggest bank acknowledged. But they insisted that internal reforms to curb those abuses have since been implemented.
February 27 -
U.S. stocks swung between gains and losses, after the Standard & Poors 500 Index closed near a record, investors awaited testimony from the Federal Reserves Janet Yellen and tension increased in Ukraine.
February 27 -
'There will be absolutely no pressure to sell any of our products,' says RCS chairman Nicholas Schorsch, who built a fortune on nontraded REITs but has recently been acquiring several big independent B-Ds.
February 27 -
Banks and credit unions need to up the ante if they want to lure advisors from other firms.
February 27 -
A survey of 500 mass affluent investors by an industry association finds -- conveniently -- high awareness and use of nontraded REITs.
February 27 -
High-powered female professionals have a specific set of needs and expectations. Use these tips to make sure your service measures up.
February 26
Fidelity Institutional Wealth Services -
The firm has enticed away an advisor team with $1 million in production from Wells Fargo for its Bartlett, Ill., office.
February 26 -
Despite falling foot traffic, banks continue to be an ideal channel for anyone who hasn't developed a book that comfortably produces in excess of $500,000, says recruiting executive.
February 26 -
For RCS advisors and brokers, the sweet spot will be individuals and families with $300,000 to $3 million in investable assets, Schorsch says.
February 26 -
Pimco's Mohamed El-Erian clashed with co-founder Bill Gross before announcing last month that he's leaving the firm, the Wall Street Journal reported.
February 26





