Penny Stock Purveyors The Securities and Exchange Commission issued administrative proceedings against five securities professionals from now defunct Leeb Brokerage Services, for facilitating unlawful sales of penny stocks to investors from 2005 to ...
After 28 years with Edward Jones, and 14 years as the firm’s chief market strategist, Alan Skrainka was let go from the firm on Friday. According to a Jones spokesperson, Skrainka was ousted due to “his use of written materials without giving attribution.”
After Edward Jones lost two top producing reps and increased production expectations last month, some media outlets and recruiters made a lot of noise about rising advisor defections at Edward Jones. The truth is, Edward Jones attrition remains enviably low. Below, a wide-ranging interview with managing partner Jim Weddle.
Subprime Backed Securities Bite Morgan Keegan The Securities and Exchange Commission issued administrative proceedings against Memphis, Tenn.-based firms Morgan Keegan & Company and Morgan Asset Management and two employees accused of fraudulently ...
More than 800 Syracuse University students and alumni signed an online petition to disinvite Jamie Dimon, JPMorgan Chase chairman and chief executive officer, from delivering his scheduled 2010 commencement speech.
Edward Jones, now about 90 years old, “has prospered by dispensing buy-and-hold wisdom to small clients in small places.” That’s how we put it on our April 2006 cover story on the firm. But now Edward Jones is doing something very modern and very Wall Street: Like other firms, Jones is lighting a fire under its advisors’ feet to increase production.
Today Stifel Financial Corp., the St.Louis-based financial services holding company, said it is buying Thomas Weisel Partners Group, a San Francisco-based investment bank, in a deal valued at more than $300 million.
LAST UPDATED : April 16, 4:57 p.m. The Securities Exchange Commission sued Goldman Sachs for fraud today in connection with the mortgage-backed collateralized debt obligations (CDOs) it packaged and sold to investors.
Today, more than 100 million Americans are members of a credit union. Yet surprisingly, 97% of these members don't have an established advisor relationship through their credit union. And the only thing standing between you and this sea of potential clients may be your broker/dealer....More
A new era of health care innovation looms on the horizon. Andy Acker, Portfolio Manager of the Janus Global Life Sciences Fund, explains why he still sees considerable growth potential ahead for the health care sector, even after a strong three-year run....More
Obergefell v. Hodges is a consolidated Supreme Court case involving same-sex couples, some of whom sought marriage licenses in Michigan and Kentucky despite state laws restricting marriages in the state to opposite sex couples...More
Less than half of next gen advisors have a high degree of confidence in their team leader's ability. The next generation advisor wants to be more engaged, believes they have more to add but struggles to find the best way to contribute to their wealth management team....More