Though it recently wrapped up a national advertising campaign for Merrill Lynch, Bank of America continues to ramp up branding of the division, with an extension of the Merrill New York Yankees sponsorship as well as recent visits to Merrill...
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...
In the wake of the Goldman Sachs fraud case, a number of senators, Republican and Democrat, are scrambling to get on the fiduciary bandwagon. A flurry of amendments have been, or will be, introduced that would apply the fiduciary standard more...
UBS Wealth Management Americas saw further net client asset outflows in the first quarter, but the pace slowed to $6.53 billion from the roughly $10.98 billion of client assets withdrawn in the fourth quarter. Improving market conditions softened...
Holman rears its head again: Eighth Circuit holds that FLP transfer restrictions are disregarded under Internal Revenue Code Section 2703 In 2008, the Tax Court held that gifts made by Thomas and Kim Holman would be respected as gifts of interests...
Client Questions Broker Good Protection Registered Investment Adviser (RIA) Better Protection National Trust Department Best Protection Is my account a Fiduciary Relationship? No. Not required to act solely in the client's best interest. Is...
