Registered Rep.: What was the scariest moment in your career? Geri Pell: Jumping off a 130-foot cliff on a zip-line at a leadership/change retreat. RR: The most triumphant? GP: Qualifying for the Chairman's Advisory Council at Ameriprise. RR: A...
Registered Rep. spoke with Greg Hopper about how the liquidity crisis has affected high-yield issues. RR: There has been a flight to safety, and the spreads between risky corporate debt and Treasury yields have widened. Do you expect this to...
Smith Barney at a Glance: Total client assets: $1.6 trillion Number of advisors: 14,873 Average annualized revenue per advisor: $768,000 Pretax profit margin: 24% Mascot: Red arch Worst management move: Messing with the payout grid Best management...
A group of Morgan Stanley reps involved in a race-discrimination suit are objecting to a proposed $16-million settlement, saying it's just not enough. The settlement amount was reached in October on behalf of 1,300 African-American and Hispanic...
Wachovia/A.G. Edwards at a Glance Total client assets: $816 billion/$522 billion Number of advisors: 8,100/6,666 Average annualized revenue per advisor: $702,000/$492,000 Pretax profit margin: 23% / 17% Surviving mascot: Wachovia's abstract sea...
UBS at a Glance: Total client assets (Capital Management Group): $858 billion Number of advisors: 8,175 Average annualized revenue per advisor: $751,000 Pretax profit margin: 11% Mascot: Three keys (for trust, security and discretion) Kudos: You...
MOJO, the high-definition cable channel geared toward affluent men, is launching a new programming block in 2008 called MOJO Money Night. The channel will feature shows such as Wall Street Warriors-Season Two, which follows the lives of six...
Morgan Stanley at a Glance: Total client assets: $734 billion Number of advisors: 8,341 Average annualized revenue per advisor: $817,000 Pretax profit margin: 17% Mascot: Blue right triangle Best management move: Investments in work station Most...
At an auction in mid-November, a poster for the movie Bride of Frankenstein, starring Boris Karloff, fetched $334,600. That's right a movie poster. Granted it was and considered to be in condition, according to a report in The New York Times. By...