Morgan Stanley reported a net loss of $177 million in its first quarter earnings, released today. But unlike many of its peers, the firm didn’t appear to use any accounting tricks to massage the numbers.
According to a source familiar with the details, the 8,700 jobs UBS plans to cut by the end of 2010—for forecasted cost savings of roughly $3.5 billion—will include 2,000 in the Wealth Management division, many of them financial advisors.
Goldman's quarterly earnings were "amazing," but what will a populist Congress think of its "accrued compensation" kitty of $4.71 billion? for more, go to VonAldo.com, the blog of Registered Rep. editor-in-chief David A. Geracioti.
From: Registered Rep. and Advent [[email protected]] Sent: Tuesday, April 07, 2009 11:07 AM Subject: Own Your Practice This message has been sent by Registered Rep. on behalf of Advent. Own Your Practice Dear Investment...
The United States’ ongoing hunt for tax cheats will be putting a crimp in some clients’ quarterly portfolio reviews. UBS financial advisors who have clients outside of the country where they do business have been instructed to stay put...
We predict that donor-involved giving is going to increase in the long-term as Baby Boomers enter retirement, the time at which people tend to grow more philanthropic
