Diana Britton is the Managing Editor of WealthManagement.com, covering asset management and independent broker/dealers from all angles. A native of Los Angeles, she now lives in Queens, N.Y.
Ameriprise needs to find a buyer for Securities America in a hurry. Many advisors, including large producers, are likely to leave now that Ameriprise's intention to sell has been made known, sources told Registered...
With interest rates and inflation expected to rise in the months ahead, investors and advisors are focusing their attention on managing the risks in their fixed income portfolios, according to panelists at Wednesday&...
A former Raymond James advisor recently filed suit against the broker/dealer claiming an internal recruiter misrepresented the support, technology and compensation the firm could deliver. After he had joined the firm...
Ameriprise Financial (NYSE: AMP) said its first quarter net income was at $241 million, a 13 percent boost from $214 million a year ago. Meanwhile, the firm reported its best quarterly advisor productivity ever at $95...
Ameriprise Financial (NYSE: AMP) plans to sell its independent broker/dealer unit Securities America, according to the company’s first quarter earnings report released today. Meanwhile, the firm is still in the...
Raymond James Financial’s (NYSE: RJF) Private Client Group led the firm’s growth in the second quarter, posting a record $275 billion in client assets under administration, up from assets of $242 billion a...
Father-daughter advisor team Martin Gelb and Sonya Gelb Choeff have jumped ship to Raymond James in Miami Beach, Fla., from Morgan Stanley Smith Barney, as the fight for talent continues.
Do you want to know how your pay stacks up against that of your peers? With major regulatory changes coming, retention packages forgiving and recruiting bonuses at all-time highs, we can expect some interesting trends...
Morningstar may have some competition in the marketplace for evaluating mutual funds. Putnam Investments rolls out its new FundVisualizer today, an open-architecture tool that allows advisors to research and compare...