It’s official: 2001 stunk, with average total earnings plummeting by 17.7 percent in 2001 compared to 2000. But, on the bright side, more reps are switching to the much-extolled fee-based business model.

SSB’s Grubman Tells House Committee that He Had No Knowledge of WorldCom Fraud “Saddened†that Investors Lost Money.

Faced with first quarter results well below expectations, continued weak economic conditions and withering investor confidence, the Securities Industry Association lowered second-quarter and full-year profit estimates and forecast more layoffs.

he NASD has launched a new Web-based tool to help brokers identify terrorists and avoid doing business with potential money launderers, the firm says.

The number of wealthy women is growing globally and is "destined to rise" even further, according to a Merrill Lynch study.

New Page 1 Primedia’s Shopping Center World Ranks The Top Retail Contractors For 2002 Annual Ranking Recognizes the Leaders in the Industry Atlanta, Georgia – July 2, 2002 – PRIMEDIA’s Shopping Center World magazine, the...

New Page 1 Primedia’s Shopping Center World Ranks The Top Retail Contractors For 2002 Annual Ranking Recognizes the Leaders in the Industry Atlanta, Georgia – July 2, 2002 – PRIMEDIA’s Shopping Center World magazine, the...

In a tough market, the smallest wirehouse is having some of the biggest problems.

Salomon Smith Barney is rolling out an Advanced Planning specialist designation that will enable brokers to offer estate-planning services for a fee, according to the firm.

The tone was somber at Morningstar’s 18th annual investment conference in Chicago this week, where fund managers are projecting a slow, weak rebound. Robert Rodriguez, principal and CEO of First Pacific Advisors, said he doesnâ€...