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Northern Trust hired Randall S. Burkert, a 20-year Goldman Sachs veteran, as managing director of development for its wealth management arm.
September 25 -
Business owners below the age of 45 are more bullish on their growth prospects compared to their elder counterparts, according to the Western Union Small Business Barometer.
September 25 -
What are mainstream media publications writing about the wealth management industry? How can investors retire rich, the elements to a perfect financial advisory team, a fresh look at end of life plans, and more.
September 25 -
Cornerstone Capital Management, which currently serves as investment adviser to the Keystone Large Cap Growth Fund has entered into an agreement to sell the fund to New York Life Investment Management
September 25 -
As the trend toward independence continues, the opportunities raise questions from those advisors who are considering making the move. Shirl Penney of Dynasty Financial has created a helpful list of frequently asked question (and answers) for advisors who are thinking about going independent.
September 25
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Finding the right financial planner can be a confusing process. To simplify the search, the SEC has released a new bulletin that contains tips for finding one. It also contains a list of questions consumers should ask planners - and that all planners should be prepared to answer.
September 25 -
Investor confidence in North America continued to weaken in September, according to State Street's Investor Confidence Index. The index fell by 3.2 points in September to 81.1 from a month earlier.
September 25 -
Jeffrey Gundlach, the chief executive officer of DoubleLine Capital whose home was burglarized earlier this month, has offered some $1.7 million for information leading to the recovery of stolen artwork.
September 25 -
The 361 Absolute Alpha Fund has lowered its management fee from 165 basis points to 125 bps, effective Oct. 1
September 25 -
Even with a forecast for modestly stronger growth for the rest of the year, Barclays still sees a looming fiscal cliff negatively hitting U.S. gross domestic product into 2013.
September 25 -
If Congress does not act and the current estate tax law expires, 14.7 million U.S. households could have a tax liability according to a report released by LIMRA, a worldwide association of insurance and financial services companies, on Tuesday.
September 25 -
Firms come and firms go, but there has to be a bit of nostalgia for Smith Barney.
September 25
On Wall Street -
Lynette DeWitt, former Research Director - Financial Product Development, Marketing, & Distribution, at Boston Financial Data Services, has left the firm.
September 25 -
After working under one of the most successful advisors in the financial planning industry, Matthew Halloran took time, studied, read, and reviewed all of the top financial advisors he worked with over the years and found ten things are the keys to being a top advisor.
September 25 -
Almost one quarter of Americans (23%) have less than $100 in emergency savings while 46% report having less than $800, according to a new national survey by online lender CashNetUSA.com.
September 25 -
LPL Financial announced Tuesday it has expanded its Model Wealth Portfolios platform through the addition of two new portfolios from LPL Financial Research and two managed alternative investment portfolios from Fortigent.
September 25 -
It's the end of an era. Morgan Stanley announced its U.S. wealth management business, Morgan Stanley Smith Barney, has changed its name to Morgan Stanley Wealth Management.
September 25 -
For a startup firm, attracting $150 million in assets under management within nine months is impressive. The entire story, though, of PWM Advisory Group goes back more than a decade.
September 25 -
After rallying 16% this year, the S&P 500 Index closed last year at its highest point since 2007, as investors celebrated news that central bankers were riding to the world's rescue with yet more stimulus. But is it too far too fast?
September 25 -
Traditional mutual funds may have recovered the ground they lost in the market turmoil of 2008, but even so, investors are not convinced that active management gives the best bang for their buck.
September 25







