Some early glitches for subset of clients; 'actively working to resolve it'
Warren Buffett is making plenty of changes to Berkshire Hathaway's portfolio. Last quarter, he closed out the company's stake in several marquee businesses -- including exiting Berkshire's holding in Bank of America at a steep loss.
The campaign for the GOP presidential nomination has been a little bit like 'Wacky Races' -- lots of twists and turns, and every week, somebody new is leading the pack. But an exclusive <i>InvestmentNews</i> poll shows there's absolutely no doubt who advisers are pulling for. | <b>Extra</b> <a href=http://www.investmentnews.com/article/20120106/FREE/120109966>Romney tax plan more deficit booster than deficit buster &raquo;</a>
Europe's woes notwithstanding, analysts zeroed in on ballooning corporate profits; 'the answer is yes'
Independent broker-dealers owned by insurance companies, once the dominant players of the industry, will continue to dwindle in size and importance over the coming decade, unable to keep pace with more nimble competitors that invest in, and increase, investment advisory services for reps.
Conglomerate acquires $7.5B in accounts from insurer; sale includes online banking platform
Cetera Financial Group informed financial advisers at two of its three brokerage units last Wednesday that it plans to bring custody of various IRA and savings accounts in-house at its third broker unit, PrimeVest Financial Services Inc.
In a move that's likely to hurt trainees and reps in less-affluent towns, Merrill Lynch has upped account minimums to $250,000. The old threshold? $100,000. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20120105&Category=FREE&ArtNo=105009999&Ref=PH>Which brokerage is tops with Consumer Reports? &raquo;</a>
Deal with Actifi should help custodial unit speed up adviser work processes and improve efficiency
Portfolio diversification can improve and smooth out performance across investment environments and, given ongoing policy disarray and the likelihood of recession in both the US and Europe, it's a concept worth revisiting.
Firings down, manufacturing up; economy gaining momentum going into 2012
U.S. home prices have finally stabilized, says UBS' Harris; no double-dip expected
Tax proposals from the Republican presidential candidates favor one group
Stock takes a header while rest of the market surges; bad loans a millstone
