Wealth Management industry news covering the financial markets, trends and wealth professionals.
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Edward Jones has been hit with a fine of $2.7 million by the NASD, which ruled in an arbitration hearing that one of the firm’s brokers overloaded a client’s account with unsuitable investments on margin. William and Jean Torrence...
Former Smith Barney broker Phil Spartis, who was responsible for overseeing the options exercise program for WorldCom employees, has been cleared of a charge brought against him by the New York Stock Exchange for failure to cooperate with the...
Looking for a way to grow your financial advisory business? Target Hispanics, since as a group, Hispanics are woefully underserved by the financial services industry. With rising incomes and a growing population (now at 40 million), Latinos are...
WASHINGTON, D.C.—Investors angry about mounting evidence of mutual fund trading irregularities have nothing on Raymond James chairman and CEO Tom James. “It’s fraud, plain and simple,” James says of the after-hours and...
The Financial Planning Association has lamented, along with many of its members, the absence of a specific lobbying organization for independent broker/dealers. The FPA is now trying to do something about it. The Atlanta-based trade group has...
50 Heavy Hitters Singled-Out in Annual Advisor Survey Represent $75 Billion in Assets Under Management New York, NY - September 15, 2003 - What does it take to be the best? PRIMEDIA's Registered Rep. magazine, the source of information for...
Results of Comprehensive Survey Surface Resiliency Across Retail, Industrial, Office and Multi-Family Properties NEW YORK – September 8, 2003 – PRIMEDIA’s National Real Estate Investor, the leading authority on trends in the...
The increased need for specialized investment consulting services is driving many of the top brokerage houses to reduce their reliance on the large, general consulting firms, a recent study shows.
