It's highly unlikely that an advisor can "buy" new affluent clients with the likes of a new brochure, a seminar package, or a publicist. Our research on both the affluent and elite advisors tells us these marketing initiatives are yesterday's news...
If you believe in the “politicians-are-idiots” theory, you’ll love gridlock. After all, the economy and stocks tend to do better under divided government.
Affluent investors still remain conservative in their approach to investing this year, despite the fact that they feel financially better off than a year ago. According to the latest Merrill Lynch Affluent Insights Quarterly, 39 percent of...
Like many large Wall Street broker/dealers before it, RBC is sending a message to advisors who are generating below average revenue: Get your numbers up or take a walk.
M&T Bank Corp. emerged as a major player in the wealth management business this week following the Buffalo-based bank’s agreement to buy Wilmington Trust Corporation for $351 million in stock.
Prudential said it named Jackson National Life Insurance Vice Chairman and COO Mike Wells as Jackson's president and CEO. He succeeds Clark Manning, who steps down in December. Manning will chair Prudential's U.S. operations until April 30, 2011...
