PaineWebber, which merged with UBS Warburg last fall, is now UBS PaineWebber. The change was official March 5 and announced in advertisements. The goal is to increase brand awareness for UBS in the United States, according to the firm. Its 15-year...
Retiring is a big step. Clients have become friends, and you don't want to leave them in the lurch. If you're an independent rep, you can select a suitable buyer for your business and orchestrate your exit so it's gradual. Or you can choose to...
More online discounters have joined the full-service party. In February, CSFBdirect (formerly DLJ Direct) unveiled CSFBdirect Institutional to target independent financial advisers. And in October, Ameritrade introduced its own adviser platform...
If you haven't conducted many retirement plan checkups with clients lately, now's a good time to start. Important new withdrawal rules promulgated by the Internal Revenue Service in January are prompting many investor questions. One way you can...
A new NASD regulation taking effect April 16 will require brokerage firms to include valuation information on some limited partnerships and REITs. Under the new rule, firms must include valuation information on client statements if the annual...
I being single. You see it on license plate frames and bumper stickers, and hear it in conversation. To most, it symbolizes a certain amount of freedom. But that doesn't mean single investors who are (or need to be) accumulating assets have no...
Is it possible that a munchkin-sized, pudgy football player who played just 27 seconds in two years at the University of Notre Dame could inspire and motivate stockbrokers? Well, if that player's name is Rudy, he definitely can. Rudy Ruettiger...
By their nature, independent brokers have businesses and backgrounds of all shapes and sizes, but most have one thing in common: They cherish their freedom, according to Registered Representative's exclusive Independent Contractors Study. Slightly...
Account aggregation could be the killer application of asset gathering. Firms are hoping their brokers will be able to get a look at all their clients' assets and liabilities through a broker opt-in feature that will be available from Yodlee...
Darren Gray's branch manager walked up to him one afternoon in 1998, tapped him on the shoulder and asked a question that made him cringe. How would you like to be the branch's mutual fund coordinator? he asked. Gray, a producer with Merrill Lynch...
