TD Ameritrade Reports Lower Profit, but, at RIA Unit, Breakaway Recruitment Is Up

Jul 19, 2011

Profits and revenues fell at TD Ameritrade Holding Corp. last quarter as trading waned at the discount brokerage, but Chief Executive Fred Tomczyk said TDA Institutional has brought on 260 breakaway brokers over the past three quarters, a 20...

Wells Fargo’s Wealth Management Earnings, Headcount Dip but Cross Selling Improves

Jul 19, 2011

Wells Fargo’s (NYSE: WFC) wealth, brokerage and retirement business posted slightly lower second-quarter earnings. Advisor headcount was also down compared to the first quarter, but, on a positive note, advisor cross-selling continued to...

iPhone versus Android? Buy Google Shares, Maker of Android Software

Jul 13, 2011

RIMM will continue to lose market share, and face declining revenue, margins and average selling prices. The end result will be a firesale of RIMM, perhaps to Dell (DELL), MSFT, or an East Asian hardware maker...

Some High-Profile Mutual Fund Managers Are on a Buyer’s Strike

Jul 12, 2011

Like FPA, PIMCO’s star Bill Gross is wary of long-duration Treasuries

BCG: RIA Channel Poses Opportunity, Challenge for Asset Managers

Jul 11, 2011

Given its size and growth, the registered investment advisor channel is a critical market for asset management firms who want to grow, according to a report released Monday by Boston Consulting Group. But the fragmentation of the RIA market also...

Selling Alpha? Bad Move

Jul 01, 2011

Financial advisors like to peddle performance, and Talon Asset Management in Chicago is no exception. Senior Principal Terry Diamond says the practice, with about $1.1 billion in assets under management, has seen only three losing years over the...

The New Investment Alternative

Jul 01, 2011

Long-term care (LTC) insurance can be an attractive investment alternative for high-net-worth individuals for two reasons: (1) It has a multi-million dollar upside if extended health care is needed, and (2) there's little or no cost if care...