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Emerald Asset Advisors has tapped Trademark Capital Management to manage the EAS Global Cycle Fund (EGCAX, EGCEX, EGCSX), now renamed the EAS Trademark Capital Global Fund.
September 18 -
William Steward, a former accountant in product control for UBS AG, said he began looking into trades by Kweku Adoboli in August 2011 after receiving a report of a $3.57 billion discrepancy.
September 18 -
Orinda Asset Management, an independent, privately-held asset management firm, has launched the Orinda SkyView Macro Opportunities Fund (OMOIX and OMOAX), a multi-manager hedge fund offering.
September 18 -
Thinking of integrating video into your website? Or maybe you're curious about starting a YouTube channel? Or maybe the idea of foraying into video makes you terrified. Whatever your stance, video is undoubtedly becoming a popular trend among advisors. It's a trend that is helping advisors communicate with clients in new ways, while expanding their reach to prospects.
September 18 -
kasina has released its list of Online Leaders in Asset Management, and two firms from Beantown have come out on top as the choice du jour for advisors.
September 18 -
The firm's recent hire of Tina Huyler from Morgan Stanley Smith Barney marks one of the first in a long-term effort to aggressively increase its advisor headcount.
September 18 -
The firm has expanded its Denver office with the addition of industry veteran Tina Huyler.
September 18 -
Inefficient account opening processes are leading to client defections and advisor dissatisfaction with broker-dealers, according to a report released by Aite Group on Tuesday.
September 18 -
Robert W. Baird & Co. has hired R. Parker Griffith from Morgan Stanley Smith Barney to manage its Nashville wealth management office and serve as financial advisor.
September 18 -
Radnor Capital Management LLC of Wayne, Pa., has relaunched as an independent investment advisory firm using Dynasty Financial's open-architecture platform of wealth management services and technology.
September 18 -
The three practices, which have a combined $673 million in assets under management, are now among the more than 540 practices nationally with the independent brokerage arm of Wells Fargo & Co.
September 18 -
Nationwide Funds has launched a new inflation-protected mutual fund, the Nationwide Inflation-Protected Securities Fund (NIFAX/NIFIX), which will primarily bets on U.S. Treasury-issued Inflation Protected Securities.
September 18 -
We have been inundated with conversation recently around the ongoing debate of suitability versus fiduciary care for clients. This debate comes down to the "advisor" against the "broker" and vice versa. FINRA and the SEC. In almost every article and conversation on this topic I conclude that there is a clear lack of understanding of how the "other" is serving their clients.
September 18
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Tampa-based JHS Capital Advisors has announced three new hires. Katie White comes from Wells Fargo, Tim Forsman from Sterne Agee, and Matthew Lovett from World Equity Group.
September 18 -
The New York investment bank has filed a request with FINRA to withdraw from the brokerage business, after being fined for breaking 'information barriers.' Its parent company said it will still try to commercialize its DIrect Markets technology.
September 18 -
Investors poured $26.4 billion into taxable-bond funds and another $5.6 billion into municipal-bond funds last month, according to data from Morningstar.
September 18 -
ING U.S., the holding company for ING U.S.'s core Retirement, Investment Management and Insurance businesses, has expanded the roles and responsibilities for some members of its executive team.
September 18 -
When 2008 began, a record $12.0 trillion was held in mutual funds by individuals and institutions. Then came the credit crisis, which erupted exactly four years ago. By the end of 2008, holdings in mutual funds were down to $9.6 trillion, a drop of 20.0%.
September 18 -
The threat that federal subsidy payments for Build America Bonds could be slashed under the sequestration process after administration officials assured issuers those payments were safe could permanently sour the muni market on BABs and other direct pay bonds, market participants said Monday.
September 18 -
When 2008 began, a record $12.0 trillion was held in mutual funds by individuals and institutions.
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