John Churchhill

After weeks of speculation, Morgan Stanley rehired former president John Mack as chairman and chief executive to replace outgoing chief, Philip Purcell.

SEC Chairman William Donaldson, appointed by President George W. Bush to help restore confidence in scandal-ridden markets, announced his resignation today, effective June 30.

Recruiters say reps that are tiring of the pressure to convert their clients to fee-based arrangements have an alternative in the independent broker/dealer world. Many of our recent placements with regionals have been...

FOR THE FINANCIAL SERVICES INDUSTRY, the baby boomer generation holds the promise of huge riches. Some 76 million men and women born between 1946 and 1964 fall into this vaunted demographic. And millions of them are...

Mark Little, a San Antonio-based broker gave away 99 percent of his clients. And that, he says, is the best thing he has ever done to boost his income.

TD Waterhouse avoided a lawsuit from Charles Schwab yesterday by issuing a public apology for a negative portrayal of the firm in its ads. The underlying truth: These are trying times for the online brokerage industry.

Advisors gunning for millionaire clients now have 1.3 million more prospects to choose from—and a blueprint for what they’re looking for, according to a new survey.

Bonds aren’t meant to be risky investments, especially not those issued by blue-chip companies. So when GM and Ford, two industrial stalwarts, had their bonds downgraded to junk last week, people took notice.