Some high-frequency traders may be getting rich, but rapid turnover is not necessarily the best way to operate a mutual fund, according to The No-Load Fund Investor newsletter. During the 10 years ending in 2013, large blend funds that turned ove...
Ameriprise Financial lost a net 12 advisors in the first quarter, as strong gains to its franchise channel were slightly more than offset by losses in its employee channel; meanwhile, advisor productivity increased to $454,000 per advisor, up 3...
Matt Schiffman the Head of Global Marketing for Legg Mason Global Asset Management discusses the 2014 Legg Mason Global Investment Survey in a video conversation.
Benefitting from faster access to the markets is akin to buying a first-class plane ticket, and doesn’t sound unfair, said the top cop at Wall Street regulator FINRA.
Speaking on a panel at a conference sponsored by the Practicing Law Institute ...
Sponsored by Legg Mason
When investors worldwide talk about money, what dominates the conversation? Where do they see opportunity and where do they see peril? How different are they from country to country?
The Legg Mason Global Investment ...
LPL Financial reported record first quarter adjusted earnings of $71 million, or 69 cents per share, on revenue of $1.1 billion, up 12 percent year-over-year. (Earnings missed analysts' estimates by 3 cents.) Much of the growth was attributed...
