there are an increasing number of retirement doors to open. Cerulli Associates, a Boston-based consulting firm, calculates that the number of companies with under 100 employees that offer 401(k) plans has more than doubled over the past decade.
Most registered reps compare themselves to professionals, such as doctors and lawyers. But, in fact, it seems that, financial advisors may be held to the same labor law standards as an hourly employee
Merrill Lynch CEO Stanley O'Neal says the firm could purchase a consumer bank as part of a strategy to make his firm's retail brokerage operation more attractive to small business clients