Boomerang Broker
Industry lore has it that brokers who go indie never go back. Here's the tale of one man who did and why.
Pay Now, Play Later
The recent financial meltdown has instilled a new frugality in the majority of Americans.
Comings & Goings August 2010
The SEC's Joan McKown, the longtime chief counsel of the Division of Enforcement, will depart the agency to become a partner in the Washington office of the law firm Jones Day. During Ms. McKown's 24-year career at the SEC, she has played a key role in ...
The CEO Formerly Known As Jamie Dimon
JP Morgan interns are on a first-name basis with their CEO and not because he answers some of their emails. According to a recent story in the New York Times, Dimon's popularity has grown to such proportions that, “He is now commonly referred to by a ...
RIA Growth Spurt
Despite short-term stock market volatility, lower revenues and compressed profit margins, the long-term growth prospects of the independent registered
UMAs Gain Ground In Q1
Unified managed accounts (UMAs) have been slow to win favor with advisors, accumulating just $79 billion in assets over the past half-decade. But recent research from Cerulli Associates projects that UMA assets will reach $327 billion by 2013 (for a 35 ...
Blotter August 2010
Tweeting Fraud The Securities and Exchange Commission charged Carol McKeown and Daniel F. Ryan, a Canadian couple residing in Montreal, with fraudulently touting penny stocks through their website, Facebook and Twitter. The SEC also charged two ...
The Rise of the Super OSJ
Super OSJs are increasingly taking over the supervisory burden and providing other back-office and business services for breakaway advisors.
Busted Banks
It's shaping up to be a record year for bank failures.
Blotter July 2010
Royally Fraudulent The Securities and Exchange Commission charged a New York-based money manager and his firm with fraud for touting investments he claimed were tied to the Chimay royal family of Belgium, and with stealing millions of dollars to pay his ...
Lobbying Blitz
The Financial Services Roundtable, a lobbying group representing brokerage firms, insurance companies and big banks, spent $2.66 million in the first quarter of 2010.
This flawless, 101.7-carat, pear-shaped diamond—one of the world’s largest —will go up for auction at Christie’s “Magnificent Jewels” sale in Geneva on May 15, 2013. How much will it sell for? Choose the correct answer and registered site users will be eligible to win a one-year subscription to Christie's Geneva Jewelry sales catalogue, courtesy of Christie's. 
