Displaying 28521 results
How to prepare for NASD arbitration
One of the most useful ways for the registered representative to envision the [arbitration] process is to realize that it is a marathon and not a sprint.
Indies seeking an edge in fight for breakaway reps
Registered investment adviser and independent-contractor-broker-dealer firms looking to attract high-producing wirehouse brokers are increasingly seeking to differentiate themselves in a crowded and competitive marketplace.
Birthday gift annuities relieve worries
Children don't always grow up to be the responsible types we hope for. My client Anne is divorced, with a traditional individual retirement account valued at $1 million.
Swiss Re takes $878M subprime hit
The October loss stems from a pair of credit default swaps written by the firm’s Credit Solutions unit.
LPL buying spree yields robust results
The firm reported income of $53.3 million over the first nine months of the year, compared to $20.4 million a year ago.
NAILBA announces board picks
Doug Mishkin, president and chief executive officer of Algren Associates, will head up the executive board as chairman.
Builders’ confidence at 22-year low
Home builders’ confidence stayed at basement levels in November, due to an increased inventory of unsold homes.
U.S. capital flows fall in September
Monthly capital flows to the U.S. fell by $14.7 billion in September, marking the second consecutive monthly decline.
Labor Life Insurance fined $20 million
Union Labor Life Insurance Co. today settled with the Department of Labor, paying $20 million over alleged violations of federal employee benefits law.
LSE’s profits reach $79M for half year
the U.K. exchange reported operating profit up 41% to $78.6 million, and earnings per share up 48% to $0.73.
National Financial grows annuity platform
National Financial Services has added seven insurance carriers to the company’s annuity program for B-Ds
Consumer price index rises 0.3%
The CPI has increased 3.6% over the first 10 months of the year, compared to a 2.5% gain in all of 2006.
The Hartford names group reinsurance VP
Mr. DiDonna will lead about 150 people specializing in reinsurance, product development, actuarial services and underwriting.
Economy cooling after strong third quarter
Retail sales increased just 0.2% in October, following an increase of 0.7% in September.
Barbari named NYLI senior vice president
New York Life Insurance elected Patricia L. Barbari has to senior vice president in the Individual Policy Services department.
Fidelity Wealth boasts $325B in assets
Fidelity Institutional Wealth Services' total client assets reached $325 billion, up 50% from last year.
Fortress dips on IPO costs
The Chicago-based private-equity and hedge fund firm posted a net loss of $37.6 million, or 52 cents a share.
Fixed-income annuities get thumbs up
Using a fixed-income annuity in a retirement income account resulted in greater long-term wealth, according to a study.
Goldman’s Level 3 holdings questioned
Level 3 assets, which include mortgage-backed securities, make up 6.9% of Goldman's assets under management.
Brokerage turmoil hits reps in pocketbook
As stocks of the large financial services firms get hammered, more brokers could be tempted to leave.
