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As advisors increasingly move toward a fee-based business model, BIC looks at the most successful advisors in the channel. Here are the top 25 bank advisors based on their fee-based business.
January 14 -
Wells Fargo, the largest U.S. home lender, reported a 24% rise in fourth-quarter earnings as the bank extended more credit. The shares slipped as margins narrowed and mortgage applications waned.
January 14 -
The contraction in the U.S. market for borrowing and lending securities amid rising interest rates and heightened global bank regulation will increase this year, according to Fitch Ratings.
January 14 -
JPMorgan Chase's quarterly profit fell 7.3% on $2.6 billion of settlements tied to Bernard Madoff's Ponzi scheme as rising legal costs ended the firms three-year streak of record annual earnings.
January 14 -
Banks could save money -- and avoid having to sell to, or buy other, banks -- by sharing the costs of compliance checks, account databases and even branch space, a new report from the accounting firm EY suggests.
January 14 -
UBS AG, Switzerland's largest bank, expects to boost client assets in the U.K. this year even as Swiss competitors try to break into London's $1.2 trillion private wealth market to help counter withdrawals at home.
January 14 -
Many considered Dec. 31, 2013, the final date for year-end tax planning, but there are numerous planning actions that you can take in 2014 retroactive to 2013. Here's a quick and easy guide to help with planning.
January 14 -
If your clients run into one of these guys, they just may leave you to make the change to fee-based.
January 14 -
An advisory group in Winter Park, Fla. with $550 million in client assets leaves Morgan Stanley to go independent.
January 14 -
Financial services firms' 2014 plans center on product lines, distribution capabilities and technology, according to a survey done by Cerulli Associates.
January 13 -
The move is part of a shift of emphasis from life insurance "to a more well-rounded protection and retirement planning approach."
January 13 -
Granite Financial says it hopes moving to the IBD will power growth.
January 13 -
A report by the U.S. Treasury's Office of Financial Research on asset managers and systemic risk is inaccurate and should not be relied on for policy decisions or regulatory action of any kind, says the Investment Company Institute's General Counsel Karrie McMillan and Chief Economist Brian Reid.
January 13 -
Certain securities salespeople are giving the brokerage industry a bad name by putting clients into manifestly unsuitable securities, namely leveraged and inversed ETFs, which are attracting wary and watchful eyes among U.S. regulators.
January 13 -
Gold climbed to the highest level in a month on speculation that the Federal Reserve will slow the pace of cuts to stimulus after U.S. payrolls increased less than analysts forecast. Silver, platinum and palladium rose.
January 13 -
UBS AG Chief Executive Officer Sergio Ermotti denied speculation that Switzerland's biggest bank will spin off its investment-banking business to meet regulators' demands for holding more capital.
January 13 -
Municipal bonds remain attractive even after their divergence from Treasuries this past week, industry watchers say, suggesting the recent signs of strength in the market may carry into the new year.
January 13 -
Rising Treasury yields and the biggest equity market rally in 16 years are leading one measure of stock valuations to the most bearish level since 2011.
January 13 -
Self-employed individuals and small-business owners may not meet the requirements of new mortgage rules that went into effect Friday and could face hurdles obtaining new home loans.
January 13 -
A new PriceMetrix study outlines critical factors for keeping clients connected.
January 13



