Subject Root Tag

Investors may be gloomy about an economic recovery, but senior executives remain confident in U.S. corporate growth.

Despite flat second-quarter results, Charles Schwab Corp.’s top executive remained upbeat about the remainder of 2010.

Has Citigroup Inc. finally found a strategy to hang its hat on - and is globalization, once again, the key to growth for the largest U.S. asset management firms?

The securities industry added almost 7,000 jobs in June, and revisions to the previous months’ figures mean there were 4,000 more positions created than had been reported at the time, according to BrokerHunter.com’s latest Employment Trends report.

If you have clients who still have a healthy dose of outrage at the big banks, now there is a fund just for them.

UBS Wealth Management Americas announced in an internal memo it was launching a new Wealth Planning and Investment Strategies group to be led by Tony Roth.

The trend towards younger target-date fund participants is due to the fact that new employees are more likely to be automatically enrolled in their employer’s 401(k) plan, where target-date funds are often the default option, the study said.

Despite the fact small-cap stocks have tumbled recently as greater economic uncertainty increased, the average domestic small cap mutual fund continues to outperform. So how come some observerrs are skeptical?

June hires turn positive thanks to aggressive recruiting in all positions by the industry’s largest firms.

The disappointing results, which beat analyst estimates, came a quarter after the New York-based banking company reported its strongest period in nearly three years, following the financial crisis which staggered, but didn't shutter, the company.

Due to poor market conditions, assets under management fell 14.5% from a year earlier and 19.6% from the previous quarter to $603.3 billion.

The growing investor acceptance of taxable municipal bonds over the past year appears to have hit a stumbling block.

The DOL issued an interim final rule on 401(k) plan fee disclosure early Thursday.

The Securities and Exchange Commission said Thursday that Goldman Sachs agreed to pay $550 million and reform its business practices to settle charges that the securities firm misled investors in a subprime mortgage product

Although the Senate finally voted Thursday to send regulatory reform to the president's desk, policy circles are already abuzz about what changes to seek in a "corrections" bill to fix problems with the legislation.

The day after Congress voted 60 to 39 to pass the historic overhaul of financial rules, Wall Street - the mutual fund and hedge fund industries included - is already bucking up for the corrections bill.

LPL Financial is acquiring “certain assets” from National Retirement Partners, the broker/dealer announced Wednesday.

WASHINGTON — Although the Senate finally voted Thursday to send regulatory reform to the president's desk, policy circles are already abuzz about what changes to seek in a "corrections" bill to fix problems with the legislation.

The team of four advisors generated $3 million in fees and commissions in the last 12 months and managed $558 million in client assets.

The Senate voted 60 to 39 this afternoon to approve sweeping changes to the financial regulatory system designed to address the causes of the 2008 financial crisis.