Can you ever have too many toilets? Well, yes. For residents of hedge-fund-manager and trader-haven Greenwich, Connecticut, 26 definitely exceeds the limit for a single home. Those who live on Simmons Lane, where Russian millionaire Valery Kogan...
ETF fund assets and numbers continue to soar in 2008. As of May 31, there were 683 ETFs in the U.S., with assets totaling approximately $612 billion. ETF industry assets rose nearly $17 billion for the month of May, buoyed by positive performance...
Independent registered investment advisors (RIAs) are enjoying a little schadenfreude over the problems plaguing the Wall Street firms.
Hiring experienced advisors with handsome books of business has its benefits, but bringing on hungry young advisors can save you upfront money, culture clashes and all the headaches that accompany today’s fierce recruiting wars for top talent.
AIG Advisor Group hired Mark J. Schlafly as president and CEO of FSC Securities Corporation (FSC) and Advantage Capital Corporation (ACC). He will also assume responsibility for the AIG Advisor Group Elite Partner Program, and oversee the...