"Financial advisors who are supposed to recommend the best products for clients needs are often paid by the product providers. ‘This creates an unhealthy focus among providers on designing products that sell [to advisors] rather than on products...
Leave it to Rochdale Securities Analyst Dick Bove to cast a gimlet eye on the financial pay debate brewing in Washington. Bove is critical of the U.S. government, pointing out that sports stars earn more, on average, than bankers. And since sports...
Bloomberg is reporting that Bob McCann, the former head of Merrill Lynch’s brokerage unit, is nearing a deal with his old employer that will allow him to take a job running UBS’s wealth management unit. Yes, this ...
