Congress is working on a bill that would allow 401(k) vendors to recommend specific funds. The change would make it easier for brokers to advise retirement plan participants by altering the current 401(k) legal...
The odds against a fight breaking out at the Prudential Securities office in Hartford, Conn., are astronomical, but if one ever did, the winner would likely be declared by Glen Feldman. That's because Feldman, a rep...
Before reading Values-Based Financial Planning, Raymond James rep Keith Cline could never even think about taking more than a week's vacation every July. Since reading Bill Bachrach's book, Cline has taken off the...
Even with new, higher contribution limits on IRAs and 401(k)s, most brokers remain skeptical that such plans are adequate retirement savings vehicles. It's still a joke, says a New York-based UBS PaineWebber rep. It's...
When Matt West became a broker four years ago, he chose to join a team because there was no way I could reach the financial goals I had set without being in a team, says the Houston-based Merrill Lynch rep. When Jamie...
Dain Rauscher has been renamed RBC Dain Rauscher, effective today, according to the firm. Royal Bank of Canada (RBC) completed its acquisition of Tucker Anthony Sutro and began integrating the firm with its U.S...
The impact of the terrorist attacks of Sept. 11 on the securities industry looks to be more than $1 billion. An SIA report estimates that the securities industry’s net operating profits for the third quarter...
Ross Rogers has been replaced as head of retail at U.S. Bancorp Piper Jaffray, having been replaced by Paul D. Grangaard, the firm announced today. A Piper Jaffray press release says Rogers “is leaving the firm...
Registered Representative magazine's second annual Sales Assistant Study surveyed 329 sales assistant subscribers (and assistants of broker-subscribers) in July and August to uncover key information about these vital...
If Bill Heath's career in the brokerage industry mirrored his days as a major-league baseball player, he probably wouldn't be handling $300 million in assets at Barrington Financial Advisors in Houston. Heath, an All...
