A.G. Edwards today rolled out its broker home pages. Reps are able to include personal and business information on the sites, as well as customize them for specific clients, according to Mike Flood, the firm’s vice president and manager of...
Jan. 30, 2001 Morgan Stanley Dean Witter reps aren’t too phased by loss of the Dean Witter name.The firm plans to drop "Dean Witter" from its name, erasing the 76-year-old brand four years after the merger that created the biggest U.S...
Jan. 16, 2001 In a speech tonight at an investor "town hall" meeting in Philadelphia, SEC Chairman Arthur Levitt Jr. continued to chastise brokers and the industry, and warned the attendees to assert their rights. "Both in the private sector...
Jan. 26, 2001 Merrill Lynch is selling Herzog Heine Geduld's retail brokerage business, giving up the 50 retail producers the firm acquired when it announced it was buying HHG in June 2000. According to Merrill spokesperson Eddie Reeves, the...
Jan. 19, 2001 Anticipating growth in individually managed accounts, Lockwood Financial Group has announced that it will launch Managed Account Express (MAX) on Feb. 1, according to the firm. The new program will be offered to independent...
Jan. 31, 2001 Merrill Lynch will launch a marketing campaign tomorrow designed to educate high-net-worth investors about the firm’s wealth management services. The campaign highlights Unlimited Advantage, Merrill’s flagship...
Jan. 23, 2001 Merrill Lynch reported today that profits inside its U.S. Private Client Group showed a "sharp improvement" in the fourth quarter and during the full year 2000, thanks in part to the cost-cutting measures it imposed last summer ...
Jan. 24, 2001 In a brief speech that sounded a lot like a swan song, retiring A.G. Edwards Chairman and CEO Ben Edwards admitted that the firm's adamant refusal to pay upfront bonuses hurt the company's broker recruiting efforts in 2000. In...
Jan. 12, 2001 Edward Jones’ A-share annuity sales were about $400 million in the past year and are growing at an annual rate of more than 20%, the firm says.Jones has long pushed upfront load funds over B and C shares, believing the...
Jan. 5, 2001 Raymond James Financial (RJF) wants former Prudential Securities CEO Wick Simmons as a member of its board of directors, despite the fact that Simmons plans to become CEO of Nasdaq in February. The St. Petersburg, Fla.-based...
