Sure, stocks have been on a tear since March. But the S&P 500 is still off by 7 percent over the last 12 months. Not surprisingly, assets held at wealth management houses have shrunk by a $3 trillion (to $10.8 trillion) in 2008, according to data...

Wirehouse reps are increasingly looking beyond Wall Street firms these days. The proportion of wirehouse advisors switching to another has fallen steadily over the past year, while the number going to independent b/ds and RIAs, as well as to...

Bears have become increasingly confident that the current equity market rally 49 percent in the S&P 500 from the March trough is due for a substantial correction. The latest indicator: The zeal with which company insiders are selling their shares...

The last 12 months or so have provided plenty of angst in the financial services industry. In the calendar year 2008, the value of U.S. household assets plummeted by $11.2 trillion, or about 18 percent, the worst annual drop since the Fed began...

Stewart Lee, a former branch office manager who heads Wellston, Okla.-based Lee Training a consulting and practice management firm which helps develop SIFMA's Branch Manager Development Program says that when he was a branch manager in the 1970s...