John Thain wasted no time calling on his friends during his first week on the job as the head of Merrill Lynch. The former NYSE Euronext CEO, Thain was appointed CEO
Frank Bluestein is reportedly under investigation, and is no longer registered with FINRA, but media reports suggest he continues to hawk investment advice under a new name.
MOJO, the high-definition cable channel geared toward affluent men, is launching a new programming block in 2008 called MOJO Money Night. The channel will feature shows such as Wall Street Warriors-Season Two, which...
So far in this young century, the brokerage industry seems to have successfully endured its run down the gauntlet. Let's see, there was that embarrassing tech collapse, in which securities firms and asset managers...
Merrill Lynch at a Glance: Total client assets: $1.8 trillion Number of advisors: 16,610 Average annualized revenue per advisor $794,702 Pretax profit margin: 26.0% Mascot: Bull Best management move: Acquiring First...
The EEOC is investigating claims made by former Morgan Stanley advisors that the firm discriminated against older workers when it laid off 1,000 financial advisors back in 2005, according to a story in the Associated...
It’s been a record-breaking year for mergers and acquisitions in the registered investment advisory business, with around 60 deals done through early November
