JP Morgan interns are on a first-name basis with their CEO and not because he answers some of their emails. According to a recent story in the New York Times, Dimon's popularity has grown to such proportions that, “He...
The SEC's Joan McKown, the longtime chief counsel of the Division of Enforcement, will depart the agency to become a partner in the Washington office of the law firm Jones Day. During Ms. McKown's 24-year career at...
Despite short-term stock market volatility, lower revenues and compressed profit margins, the long-term growth prospects of the independent registered investment advisory industry are strong. In fact, 84 percent of...
Unified managed accounts (UMAs) have been slow to win favor with advisors, accumulating just $79 billion in assets over the past half-decade. But recent research from Cerulli Associates projects that UMA assets will...