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On August 1, 2012, Attention asset managers: The Registered Investment Advisor channel, especially the $100 million to $500 million AUM segment, is one place where you can differentiate your offering in a crowded marketplace, according to a new report by Cerulli Associates.
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On August 1, 2012, Henderson Global Investors has launched the Henderson Dividend & Income Builder Fund (HDAVX, HDCVX, HDIVX), which primarily bets on dividend-paying equities of US and non-US companies.
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Annuity income at banks overall increased; but an apples-to-apples comparison shows a clearer picture and tells a bleaker story.
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On August 1, 2012, Multi-manager fund firm Virtus Investment Partners yesterday reported that it had positive net flows for the 13th consecutive quarter, and increased sales in long-term open-end mutual funds year over year.
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Citi Private Bank has hired Deutsche Bank executive Steven Young as a managing director and ultra-high-net-worth private banker in New York.
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On August 1, 2012, The Oakmark Equity and Income Fund (OAKBX) reopened to all investors effective today.
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Steve Sanduski, The Prosperous Advisor, says some advisors are uncomfortable explaining their value and justifying their fees. If that's you, it's time to stop discounting your value by following these simple steps.
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The days of filling a conference room with prospective clients for a retirement planning seminar at the local Holiday Inn are pretty much over. If advisors really want to grow their assets under management these days, they need to get mobile and social as soon as possible.
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In the ongoing consolidation of the independent B-D space, insurer AIG's acquisition of Woodbury Financial Services brings the smaller firm in from the cold where it has become increasingly challenging to survive without a larger parent company.
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Strong commodity demand will propel economies and firms throughout Latin America.
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On August 1, 2012, Money-market fund companies have doubled lobbying efforts to convince regulators and lawmakers that they arent a threat to the financial system. The money may have been well-spent.
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The tax-exempt market turned to the primary market for direction Tuesday as traders looked to see how this week's balance of supply and demand would play out. Munis ended flat for the day after two sessions of losses.
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German banking giant Deutsche Bank announced Tuesday that it is eliminating 1,900 jobs - including 1,500 at its investment bank - in a move it says would reduce expenses by 350 million euros, or roughly $430 million in U.S. dollars.
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On August 1, 2012, BlackRock's Canadian subsidiary has launched five new exchanged-traded funds designed to offer Great North investors exposure to domestic, international, developed and emerging markets while minimizing volatility.
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Perhaps it was only a matter of time before Morningstar decided to put its stamp of approval, and disapproval, on alternative mutual funds.
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You can always just add an advisor to the mix, but Kristen Pruitt, vice president of business development at Investment Professionals Inc., makes sure the cultural fit is right-or else the whole thing can fail.
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First rule of thumb - it will cost you. The days of the service-driven model are over and banks will not be able to capture wallet share by going cheap.
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Advisors trying to persuade prospects about the benefits of planning can point to a new study of household financial decision-makers that shows those who have taken the time to put together a plan feel more confident and report more success managing savings and investments.
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Exchange-traded funds are the ultimate better mousetrap. But despite all the benefits they offer, there are some risks as well, partly because institutional investors have rushed in. Are they right for your clients?
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How brokerage firms can prepare for the implementation of FINRA's new requirements.
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