John Thain, former CEO of Merrill Lynch, who commandeered the brokerage firm’s sale to Bank of America and then was axed by BofA CEO Ken Lewis in January, resurfaced to redeem his reputation. According to today&...
After a little over a year in business, Benjamin F. Edwards has made deliberate strides forward. But can the nascent firm, started by the great-great grandsom of A.G. Edwards' founder, fill the shoes of of its...
With the Madoff and Stanford scandals still relatively fresh in investor memories, a handful of companies offering free background checks and rating services.
The National Association of Independent Broker/Dealers (NAIBD) is working to prevent proposed legislation in Congress from increasing the auditing costs of small independent broker/dealers. These could rise to $100...
Edward Jones today announced the sale of its U.K. business operations to Towry Law, an independent wealth management firm based in the U.K., for an undisclosed sum. The operation was simply too expensive to operate...
Today Morgan Stanley Smith Barney announced the integration of Smith Barney’s Citi Family Office into its own ultra-high-net-worth division, which will now be called Morgan Stanley Private Wealth Management...
