Acharging order only allows a creditor the right to attach distributions rather than allowing a creditor to succeed to all of the ownership rights of a partnership interest. Partnership law with respect to creditor rights and subsequently, limited...
The conventional investment wisdom of going where the growth is would suggest increasing equity allocations to emerging markets. But our research shows that there's little relationship between country-level gross domestic product (GDP) growth and...
The investment implications for each scenario.
Meeting the special needs of professional athletes.
Deborah McWhinney's plan to turn Citi's bank brokers into fee-only investment advisors has triggered a mass exodus. But paring down the small bank brokerage unit or farming out wealth management entirely may be McWhinney's master plan.
FINRA shut down Gunn Allen Financial Monday morning for failing to meet net capital requirements. The Tampa-based independent b/d, which has had a history of legal and regulatory trouble, was warned on Friday that it would have to cease operations...
The Certified Financial Planner designation is about to become more challenging to obtain. The Board of Standards this month approved a new prerequisite for its two-day certification exam: a 45-hour capstone course on financial planning. But...
Fat recruiting packages, economic turmoil and mergers between some of the country’s largest brokerage firms have driven many financial advisors to switch firms in the past 18 months. But while hiring firms are usually happy, the firms left...
The much-anticipated revival plan for UBS Wealth Management Americas will cap off a series of recent organizational changes garnering support from an important constituency: advisors at
the beleaguered brokerage, Registered Rep. has learned.
Banking reform legislation introduced Monday by Senate banking committee chairman Christopher Dodd would give the SEC greater enforcement muscle over RIAs, and would require it to conduct a study examining the effectiveness of extending the...
