National Financial Partners (NFP), the national distribution network of independent registered investment advisors, is set to go public imminently. Last month, the Manhattan-based firm filed its S-1 registration statement to the Securities and...
XYZ stock is trading at $70, and your client wants to buy it at $60. There are 70-strike and 65-strike puts available, which are trading for $2 and $1, respectively. But there are no 60 puts. Is there something you can do? Yes! Read on. Targeting...
If the Royal Alliance National Education Conference is any indication, independents are thinking one thing: The time to strike at the wirehouses is now.
Have your clients asked about the performance of covered writing? Writing covered calls, also known as the "Buy-Write Strategy," is a basic options strategy, and it is a favorite among income-oriented investors. This article will first explain how...
Pending legislation could clear the way for advisors with 401(k) business to sell financial advice to plan participants. On May 14, the House of Representatives passed the Pension Security Act of 2003, the first step to opening the door for 401(k...
The defection of over 30 Waddell & Reed advisors in the New York and Connecticut region to Washington Square Securities (WSSI), an ING affiliate, has driven a wedge between the firms. Waddell has notified ING that it is ending a third-party...
Schwab leading the way on bringing in new assets.
The St. Louis-based firm hires a marketing agency for the first time in 115 years.
An en masse defection of advisors from several Waddell & Reed offices in the New York and Connecticut region has begun.
