From under the radar into thin air
Easygoing Charles Johnston does not have the celebrity star power of the executives who run the other brokerage houses on Wall Street.
Questions surround the status of BofA bank brokers
Bank of America Investment Services Inc., the bank-brokerage unit of Bank of America Corp., is in the process of terminating its registration as a broker-dealer.
In reform, defending states’ rights
Denise Voigt Crawford is fighting the war for the states.
Sizzling emerging markets may have gotten too hot
Emerging markets seem to offer the best prospects for investment, but some observers are warning that rapid capital inflows and rising domestic spending in developing economies are signaling the next bubble.
MSSB exec: Smith Barney broker attrition has stabilized
The broker attrition at Morgan Stanley Smith Barney LLC is slowing down, according to Charles Johnston, its president and chief operating officer.
Most portfolio managers shun their own funds
Helpful hint for mutual fund portfolio managers: Get some skin in the game if you want to outperform other managers.
Pimco’s Bill Gross favors his closed-end funds over Total Return Fund
Bill Gross of Pacific Investment Management Co. LLC likes several of its closed-end funds — perhaps more than his flagship Total Return open-end-bond fund.
Commercial real estate may have bottomed, Green Street says
Commercial real estate is now a bargain, and the widely expected drop in commercial property values may not occur, according to a well-known real estate analyst.
Finra to shell out $1M on lobbying efforts
Finra has opened up its checkbook to lobby Congress for authority over investment advisers.
HighTower nabs a UBS broker team
HighTower Securities LLC has added to its wealth management and international advisory teams with the recruitment of two…