For the last few years, the consolidation of the independent broker/dealer business has accelerated. The top acquirers may sound familiar: LPL Financial, AIG Advisor Group, and Ladenburg Thalmann, to name a few. But there’s a new acquirer in...
Every broker/dealer describes itself as “advisor centric.” It has, in fact, become a cliché. If you ask a brokerage executive to explain what makes his firm different, he will say that he views his affiliated FA as a &ldquo...
Making up over a fifth of the bank's revenue, wealth management unit posted record growth
Wealthy LGBT investors take a more conservative approach to investing and are less diversified than non-LGBT investors, according to a new study by Spectrem Group. LGBT investors have 15 percent of their assets in stocks and bonds and 13 percent ...
Pershing’s recent survey of 500 college students showed that this population needs some wooing in order to consider financial services in their career plans. We asked Kim Dellarocca, Pershing’s global head of segment marketing and...
Five years have passed since the financial crisis of 2008, but its consequences continue to play out. Investors who have stayed or jumped back in the markets have an understandably optimistic outlook, since at the end of 2013, the S&P 500...
