Schwab Institutional, a division of Charles Schwab & Co., announced today it would still hold IMPACT 2001, a conference for independent investment advisers. IMPACT 2001, which was originally planned for five days, will now be held over three days...
The Financial Planning Association (FPA) announced that it has named David Yeske, CFP, as its president-elect for 2002. Yeske will serve as president of the organization in 2003. He has served as a member of FPA’s executive committee and was...
Merrill Lynch announced today that James P. Gorman has been appointed president of the U.S. Private Client Group (USPC), the firm’s retail division. Gorman, 43, succeeds Stanley O'Neal, who was promoted to president and chief operating...
Acting SEC Director of Enforcement Stephen Cutler said today that speculation terrorists profited from their Sept. 11 attacks is just that--speculation. “We have received reports that those associated with the terrorist activities of last...
Brokers this morning are finding clients more concerned about the reps’ well-being than their money or the market. At today’s opening, a Merrill Lynch rep at a branch in midtown Manhattan was calling clients and reassuring them their...
The Securities Industry Association had to evacuate its offices at 120 Broadway in lower Manhattan this morning. The organization announced it has closed the New York offices for the remainder of the week and will operate instead from its...
Brokerage firms are warning customers about potential volatility and illiquidity when the market opens on Monday. The industry is also concerned that trade reports may be delayed. “Upon its reopening, the equity markets are likely to be very...
The following information comes from today’s CNBC broadcast: Salomon Smith Barney’s Greenwich St. office will be closed. Employees at that location should call 877-404-2114. (The number was initially misreported during the broadcast.)...
CNBC will provide four hours of special programming from 4:00 p.m. to 8:00 p.m. EST on Sunday, Sept. 16, for the financial services community to communicate to industry employees, the network says. According to the Securities Industry Association ...
* Salomon Smith Barney’s Greenwhich St. office will be closed. Employees at that location should call 877-404-2114. (The number was initially misreported during the broadcast.) Employees who work from 14th Street on down should not report to...
