Location City: Harrisburg Location State: PA Base Salary: $85,000 Bonus & Incentives: Yes Position Responsibilities: Assumes responsibility for administration of complex personal trust accounts to include high net worth client relationships...
Location City: Los Angeles, LA Metro Location State: CA Base Salary: 100K + D.O.E. + 50-100K Bonus Bonus & Incentives: Paid based on their book of business Position Responsibilities: Work with high net worth clients - above $1 mil net investible...
Most reps noted a lot of improvements at their firms this year. For the first time in three years, the cumulative average of all of the firms increased to 7.8, up from 7.6. Reps at Merrill Lynch, Wachovia and A.G. Edwards heavily influenced the...
Building on its strong performance from a year ago, A.G. Edwards lit up the scoreboard this year. Edwards FAs rated the firm an impressive 8.8, tying the firm for first place with Edward Jones. Advisors say the St. Louis-based firm has a high...
In the past year, Merrill Lynch has spent heavily on an ongoing upgrade of its wealth management technology platform, rolled out a number of new alternative investments, created a structured products team and redesigned its account statements. It...
Charles Schwab was slapped with a $1 million fine for failing to protect customer assets from a check-kiting scam engineered by its affiliated-but-independent registered investment advisors in mid-November. New York Stock Exchange Regulation said...
Regulating You Stresses Them Out After months of trying to fill the position, the SEC hired a psychologist this summer to help boost flagging morale. It seems to have worked. A report by the Government Accountability Office early in the year...
After California brokers won $37 million in an overtime lawsuit against Merrill Lynch in August, a slew of copycat lawsuits have been filed against other brokerage firms, many of them in New York. Some of the firms that have been named include...
Financial advisors working at Edward Jones seem to be living a charmed life. Don't believe us, just ask them. When invited to rate the quality of life at the nation's seventh-largest brokerage firm, an overwhelming number of reps piled on the...
Money manager Jim Rogers was ahead of the pack through most of his career. In his younger days, he helped make George Soros into the billionaire hedge fund titan. In recent years, Rogers operated two successful commodity funds. And, in the early...
