Displaying 206 results
2Q a mixed bag for big firms
Asset management key component of earnings at three industry giants.
Five IBDs in $7M settlement over nontraded-REIT sales
Galvin's tally for investors this year tops $11M, fines reach $1.4M
Ameriprise 401(k) lawsuit set for January court date
Ameriprise workers filed suit in 2011, claiming firm profited from costly plan options
Can ETFs plug the river of outflows at Columbia Funds?
Fund firm plans to offer 17 active exchange-traded funds; weighed down by sagging interest in mutual funds
Two Ameriprise advisers traded on info gleaned from AA meeting: SEC
The SEC claims two Ameriprise advisers made a killing by trading on inside information about an upcoming merger. Where did they come across the info? At an Alcoholics Anonymous meeting, says the commission.
Ameriprise eyes recruiting boost from ‘wirehouse fatigue’
Despite a tumultuous year, Ameriprise shifted into 'aggressive growth mode' with a 40% hike in recruiting.
Guggenheim said to weigh bid for Deutsche Bank’s fund biz
Guggenheim Partners LLC is among the companies preparing to bid for Deutsche Bank AG's asset-management divisions.
Ladenburg bonuses should ease retention headaches at SAI
Buyer of Securities America offers carrot to the unit's brokers to entice them to stick; 'most of the advisers will stay put'
Ameriprise workers sue over 401(k)s
A group of workers at Ameriprise Financial Inc. have filed suit in federal court against their employer, alleging that the company placed their 401(k) contributions in proprietary funds, ringing up $20 million in excess costs.
Ameriprise, Lincoln have strong VA hedging programs: Moody’s
Ameriprise Financial Inc. counts on controlled distribution and Lincoln National Corp. 'goes Greek' to hedge variable annuities.
‘Significant’ rep exits at Securities America
Commonwealth, Cambridge snag brokers who purportedly generated 5% of beleaguered B-D's revenue last year; new owner soon?
New Ameriprise commercials take more conservative tone
Tommy Lee Jones is Ameriprise Financial's new pitchman in ads that take a more conservative tone
Ameriprise workers sue over company’s own 401(k) funds
Claim employer put retirement assets in proprietary funds that incurred $20M in excess costs
UBS, Morgan Stanley subpoenaed over reverse convertibles
Georgia requested information from UBS, Morgan Stanley and Ameriprise Financial in its probe over whether the firms broke the state's securities laws in sales of structured notes called reverse convertibles.
Two top Securities America advisers bolt for rival LPL Financial
'Stay bonus' be damned: LPL's gain is Securities America's loss as two top producers depart
Securities America asks reps to pledge allegiance
Securities America this week asked reps to sign a letter expressing their suppport for the firm. For some, the letter signals the besieged B-D is close to being sold,
Securities America reaches pivotal deal with regulator over private placements
The besieged broker-dealer today agreed to a pivotal settlement with Massachusetts over soured MedCap private placements. The upshot? Investors are to to get 100% of their principal back.
Ameriprise shopping Securities America
With its long-running litigation woes seemingly coming to an end, Securities America suddenly faces a new challenge. Parent Ameriprise intends to unload the beleaguered B-D.
Ladenburg, Cetera in the hunt for Securities America: Sources
Firms said to be on short list of acceptable buyers; PE outfit also thought to be lurking about
Trace evidence? Ameriprise took years to boot alleged forger, Finra says
Finra censures Amerprise after the firm purportedly discovered a broker who was allegedly forging client signatures -- but failed to boot him out of the company for over two years.
