Wealth Management industry news covering the financial markets, trends and wealth professionals.
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The Certified Investment Management Associate degree, or CIMA, is an exclusive certification, and some brokers with the similar CIMC designation are finding that out the hard way. The Investment Management Consultants Association, which...
The Federal Trade Commission has set a price for its vaunted "Do-Not-Call" list--a list of numbers signed up to avoid sales calls from telemarketers and uninvited reps--and it's a steep one: More than $7,000. The list, which will be enacted on...
Just looking at the volume numbers for the CBOE's broad-based index options tells the story: through June, total index volume was up 42% compared to the first half of 2002 at the CBOE, making indexes the exchange's fastest growing product. Now...
A recent Fidelity Investments survey says clients still find portfolio performance to be the most important aspect of the client-advisor relationship. What can advisors do about this?
High-profile trusts and estates lawyer Jonathan Blattmachr is famous for his clever use of trusts, family limited partnerships and sophisticated insurance plans to reduce inheritance and gift taxes. But last summer a particular insurance tactic...
A superior court judge in California has ruled for Smith Barney in a case related to a deferred compensation plan that has been the subject of several lawsuits from brokers who formerly worked for the firm. In the case of David Schachter v...
