The head of the Financial Services Industry Institute (FSI), the association representing independent broker/dealers, is feeling a little more comfortable with regulators. But, on the other hand, John Simmers...
The star power of hedge funds seems to have waned in 2006, at least among the wealthiest set. The percentage of ultra-wealthy households (those with a net worth of over $25 million, excluding primary residence) owning...
A 20-year rep, Chmielewski had plodded along as an affiliate of Royal Alliance Associates. He knew he could do better and, at 43, was looking for a way to build up his practice, maximize its value and eventually sell...
Eliot Spitzer announced in mid-December that he thinks the $89 million overtime settlement that UBS agreed to in February 2006 is unfairly distributed, and he’s asking a Northern California District Court to...
It was a fine year for brokerage firms—especially their stocks. No one came up bigger than Goldman Sachs and Morgan Stanley in terms of percentage gains.
The possibility of an early retirement is a dream for any client. Indeed, the words “early retirement” conjure pretty images from magazine advertisements (golfing, traveling, grandkids). But what happens...
New York Attorney General and Governor-elect Eliot Spitzer, is asking a Northern California court to disapprove the settlement terms of an overtime suit against UBS.
