News Roundup (677)
Envestnet to Buy Prudential Wealth Management Solutions
- Friday, 12 April 2013
- News Roundup
- Written by IAW News
Turnkey asset manager Envestnet plans to buy the wealth management solutions arm of Prudential for $10 million and potential consideration of up to $23 million in cash over three years, reports Financial-Planning.com.
Read more...Independent Advisors More Satisfied With Job Than Brokerage Employees
- Friday, 12 April 2013
- News Roundup
- Written by IAW News
A recent J.D. Power and Associates survey has concluded that independent advisors continue to be happier at work than advisors who are employed by broker dealers, reports InvestmentNews.
Read more...Goldman Launches Energy MLP Fund
- Saturday, 06 April 2013
- News Roundup
- Written by IAW News
Goldman Sachs has launched a master limited partnership (MLP) fund that will invest in energy operations such as transportation, terminals, pipelines, storage and processing, reports InvestmentNews.
Read more...MetLife to Sell Broker-Dealer Affiliates
- Saturday, 06 April 2013
- News Roundup
- Written by IAW News
MetLife Inc. has agreed to sell broker-dealer affiliates Tower Square Securities and Walnut Street Securities to Cetera Financial Group, reports Bloomberg Businessweek.
Read more...Advisors Gain Edge During Financial Crisis
- Saturday, 06 April 2013
- News Roundup
- Written by IAW News
Among respondents to a Fidelity Investment survey, 90% of investors who used advisors during the 2008 financial crisis said the professionals were helpful, reports Financial Advisor.
Read more...Ultra Wealthy More Involved Following Recession
- Saturday, 06 April 2013
- News Roundup
- Written by IAW News
In the aftermath of the 2008 financial crisis, investors with more than $5 million in investable assets are seeking to simplify their portfolios and be more active in managing their finances, reports Financial-Planning.com.
Read more...LPL Slapped with $8.5M Claim by Amusement Park Heiress
- Saturday, 30 March 2013
- News Roundup
- Written by IAW News
Maureen Sloan, who is an heiress to the Knott’s Berry Farm theme park, has filed a claim against LPL Financial claiming one of its brokers lost $8.5 million with a fraudulent investment and with inappropriate trading of preferred stock, reports InvestmentNews.
Read more...Advisor Charged with Stealing $1.1M
- Saturday, 23 March 2013
- News Roundup
- Written by IAW News
The SEC has charge Gregg D. Caplitz and his advisory firm, Insight Onsite Strategic Management of Wilmington, with bilking $1.1 million from clients, reports the WilmingtonPatch.
Read more...Market Rally Adds 400,000 Millionaires to Ranks
- Saturday, 23 March 2013
- News Roundup
- Written by IAW News
Many Retail Investors Don’t Trust Advisors
- Saturday, 23 March 2013
- News Roundup
- Written by IAW News
Assets at platforms for do-it-yourself investors grew 8.8% in 2012, compared to the 2.7% overall growth of retail assets, according to recent research from Cerulli Associates.
Read more...Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Dec 16 2013
-
Written by PLP Staff
The challenge of working with clients during a soaring bull…
-
-
-
Jan 17 2015
-
Written by Administrator
-