Brokers and other observers say a culture clash and cost cutting have left legacy Smith Barney reps feeling demoralized and could cause more of the firm's brokers to leave.
Big breakout on price of contracts backing President Obama to win reelection
SEC boss says work continues on proposal; 'I've kept the issue alive and moving forward'
Data from practice management software firm PriceMetrix show that advisers who increased their fee-based assets by more than 25% over the past three years saw revenue increase by an average of 47%.
As insurers put the brakes on variable annuity sales, an old rival is emerging as a potential powerhouse in the business.