Wealth Management industry news covering the financial markets, trends and wealth professionals.
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With the nomination of Ben Bernanke to chairman of the Federal Reserve Board—likely the most powerful banking job in the world—President Bush hit the nail on the head, say brokerage industry officials, as well as brokers. His long...
The unified managed account (UMA), the latest permutation of a separately managed account (SMA), is being billed as the “next big thing” for financial advisors. Such billing is cause enough for skepticism, but the UMA does appear to...
Merrill Lynch’s brokerage call centers, its service centers for less complicated and less profitable accounts, are under investigation by the NASD for past improprieties.
Theodore Sihpol III, the former broker at Banc of America Securities (BAS) and poster boy for the market-timing scandals, agreed to pay a $200,000 fine and to accept a five-year ban from the securities industry. New York Attorney General Eliot...
Location State: IL Base Salary: 65,000-80,000 Bonus & Incentives: Annual discretionary bonus between 3-20% Position Responsibilities: Assume book of Investment Management, Trust and IRA accounts. Meet with clients and prospective clients to...
Location State: MI Base Salary: 71,000-88,000Position Responsibilities: Develops new business relationships and enhances existing relationships with successful entrepreneurs, doctors, attorneys and other high net worth individuals. Produce loans...
Location State: NY Base Salary: 80,000 - 90,000+ DOE Bonus & Incentives: Bonus flexible based on 25% bonus pool. Amount tied to company & individual goal attainment. Position Responsibilities: Nothing succeeds like success are the watchwords for...
Location State: NJ, Flexible about locationBase Salary: $80,000 - $90,000Position Responsibilities: Develop a partnership with the management and other stakeholders to provide creative and appropriate credit solutions for our high-net worth...
How much do you charge your clients? What is the right price to put on your services? With competition fierce—and clients more informed than ever—it’s important to make sure that you are not selling yourself short. In fact, you...
Location City: LancasterLocation State: PA Base Salary: 80,000-90,000 Bonus & Incentives: superior incentive plan Position Responsibilities: Private Banking Services Relationship Manager The of high net worth clients financial management team for...
