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Brian Schaub and Chad Meade, fund managers who quit Janus Capital Group this month, have joined Arrowpoint Partners, a Denver-based hedge-fund firm co-founded by their former colleague David Corkins.
May 29 -
ING U.S. announced yesterday that the underwriters in its initial public offering have exercised their overallotment option to purchase approximately 9.8 million additional shares of ING U.S. from ING Group at the IPO price of $19.50 per share.
May 29 -
Donating to organizations doing charitable work abroad can be tricky and advisors can provide a valuable service by helping clients navigate the unfamiliar terrain.
May 29 -
This was one initial public offering that Nasdaq executives sure didnt like.
May 29 -
Grandeur Peak Global Advisors is adding a new fund to its portfolio.
May 29 -
Vishal Bakshi moved to Merrill Lynchs Private Banking and Investment Group in New York after managing more than $1 billion in client assets at Credit Suisse.
May 29 -
Residential and commercial real estate are finally enjoying a solid recovery. Housing prices are rebounding nationwide, and residential construction was a leading contributor to overall U.S. growth last year. The market for multi-family apartment buildings is on fire, and money is also pouring into office buildings and retail space. But national numbers only tell part of the story.
May 29
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The firm picked up a 32-year industry veteran in Rochester, N.Y.
May 29 -
Global investor confidence rose in May, inching up 1.8 points to 94.8 from 93.0 the month before, according to the State Street Investor Confidence Index.
May 29 -
It took four years of dreaming, and nine months of late nights and hard planning, but now its real. Dave Grant is running his own RIA and he's taking us along for the journey.
May 29
Retirement Matters -
Advisors are expected to up the exchange traded fund allocations in their clients portfolios in 2013, according to Cerulli's Exchange Traded Fund Markets 2013 report.
May 29 -
Vanguard today reports that expense ratios have dropped for several of its mutual funds and the Dividend Appreciation ETF.
May 29 -
As new issuance of municipal bonds has been muted and interest rate risk remains low, the fees that bankers are paid to underwrite deals has been steadily declining.
May 29 -
The threat of cyberattack is an increasingly hot topic in Washington, but political interest alone appears unlikely to provide enough momentum to get cybersecurity legislation supported by banks passed this year.
May 29 -
Vanguard has swapped indexes for a $15.7 billion fund. The Vanguard Tax-Managed International Fund traded the MSCI EAFE Index for the FTSE Developed ex North America Index, effective today.
May 29 -
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Heres a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.
May 28 -
Advisors have heard the message loud and clear: Mobile matters. But for all but the most technology savvy advisors, coming up with a mobile app for clients is no easy matter. Here's what you need to know before launching that essential app.
May 28 -
In college, Jeff Dobyns spent four hot, humid summers selling books door-to-door in the rural southeast for Southwestern Co. After graduating, he and his colleagues dove into the financial services sectora career with air conditioning.
May 28 -
As an advisor in San Diego in the early 2000s, Joseph DeFalco's business was doing well. He had built a strong client base, but the office itself was in trouble. Turnover in management had reduced headcount so that by his sixth year the branch consisted of just him and one other advisor. The office was about to be closed in 2006 when they handed DeFalco the keys. "Now we look back and laugh at it, but it definitely wasn't easy," he says.
May 28






