The SEC's Joan McKown, the longtime chief counsel of the Division of Enforcement, will depart the agency to become a partner in the Washington office of the law firm Jones Day. During Ms. McKown's 24-year career at...
Despite short-term stock market volatility, lower revenues and compressed profit margins, the long-term growth prospects of the independent registered investment advisory industry are strong. In fact, 84 percent of...
JP Morgan interns are on a first-name basis with their CEO and not because he answers some of their emails. According to a recent story in the New York Times, Dimon's popularity has grown to such proportions that, “He...
Unified managed accounts (UMAs) have been slow to win favor with advisors, accumulating just $79 billion in assets over the past half-decade. But recent research from Cerulli Associates projects that UMA assets will...
