Investment advisor reps raised their fees last year for the first time since 2002. This nudged them up to a median 1 percent on assets from 0.98 percent the previous year, and brought them back in line with median fees charged in 2004, according...
When Bob McCann flew to Washington, D.C., on July 16 to meet with SEC Chairman Christopher Cox, it was a last-ditch effort to save fee-based brokerage accounts
The RIA industry had a good year in 2006: median assets under management, revenues and net profits hit record levels last year, according to Rydex Advisor Benchmarking’s annual survey. Clearly they’re doing a lot of things right. But...
Screen of the Week: Kevin Matras goes over a personal screen
he¹s been running since the market¹s set-back, and how it¹s generated some
great picks from a new top sector. Read about it now, and get five brand new
stock picks.
Broker-dealers may get a long wished for break from the burdens of principal trade regulation for the investment advisor side of their businesses—for a little while anyway.
Last Wednesday, August 15, a DHL deliveryman uncovered over 100 animals (cats and dogs) living and dead in total squalor in the $2.4 million dollar Saddle River, NJ home owned by Merrill Lynch broker, Philip Tamis, 66 and his wife, Cynthia Stewart...
Wow, what a mess, eh? While the credit squeeze and the rush to safety has equity investors scared, one wonders: Is it time to go shopping? Consider the brokerages.
