Registered Rep.: How'd you end up in Hawaii? John Robinson: My wife is from Hawaii. We married in 1996, and moved to her hometown of Honolulu. It was better for her career, and we thought it would be a good place to...
Ryan Jacob, the dot-com portfolio manager notorious for having lost 90 percent of client assets during the market collapse in 2000, has come full circle. The determined fund skipper, who is now buying value stocks, is...
When Bob McCann flew to Washington, D.C., on July 16 to meet with SEC Chairman Christopher Cox, it was a last-ditch effort to save fee-based brokerage accounts
For One Group Funds’ shareholders, the wait is over. Today, the SEC said that roughly $55.6 million in so-called “fair funds” have been distributed to more than 200,000 investors who were bilked by...
Sweeping federal reforms on 403(b) plans should mean more demand for services from financial advisors, as plan sponsors (primarily K-12 public school districts and small not-for-profit organizations) try to manage the...
Registered Rep. sat down with Mike Coffey to discuss 130/30 mutual funds, Mainstay's latest offering for advisors and an emerging trend among asset managers. The portfolio goes 100 percent long, and 30 percent short...
Most financial advisors lust after rich people. Lust is perhaps an arresting choice of words, but it does accurately describe the intensity of desire an advisor suddenly feels when a liquid millionaire is referred to...
Here's a list of the fastest growing asset managers, based on percent change in AUM among firms with assets between $1 billion and $10 billion for the 12-month period ending April 2007. Topping the list is Kinetics...
So you thought the market timing scandal was over. Think again. While nearly all the mutual fund shops nabbed in the Eliot Spitzer-led trading investigation have settled with regulators, brokerage firms are still...
An NASD arbitration panel awarded a former Merrill Lynch broker $1.6 million for wrongful termination and defamation, claims he had filed against his former employer. The award included compensatory damages of $400...
