SpitzenfreudeApr 1, 2008Christina Mucciolo When Eliot Spitzer fingered ex-NYSE director Ken Langone for Dick Grasso's pay package, Langone told CNBC's Charlie Gasparino, One way or another, Spitzer... The Smart MoneyApr 1, 2008David A. Geracioti Editor-In-Chief Talk about embarrassing: The credit debacle has shown just how dumb and greedy the (supposedly) smart money really is. Bear Stearns, natch, is the poster... Runaway Growth: Rep-As-Advisor Assets ExplodeApr 1, 2008Kristen French Just over a year ago, fee-based brokerage accounts got the ax when the Financial Planning Association (FPA) successfully sued the SEC to overturn the... Take it or leave itApr 1, 2008By Mindy Diamond The market may be ugly, and the economy may be teetering, but the major wirehouse firms aren't cutting back on the dough they're throwing at new recruits.... Will Dimon Offer Retention Package To Coveted Bear Advisors?Mar 24, 2008By Halah Touryalai JP Morgan’s chief may have asked asked rival firms to back off from hiring Bear Stearns advisors, but that doesn’t mean competitors have stopped offering recruiting deals to anxious Bear reps. ... Earnings, Wealth Management Still Truckin’ at Morgan StanleyMar 19, 2008By John Churchill Morgan Stanley reported better-than-expected first-quarter earnings today, at least temporarily easing investor nerves. Still, overall revenues and earnings were well below last year’s levels: Net revenue was $8.3 billion for the quarter, a 17-percent decline from last year’s first quarter. Earnings were $1.5 billion, down 42 percent from $2.3 billion in the first quarter of last year. But the wealth-management unit was again a bright spot, reporting increases in both revenues and earnings. ... Morgan Stanley Reorganizes Wealth-Management UnitMar 17, 2008By Christina Mucciolo Morgan Stanley is streamlining its Global Wealth Management unit, reducing its four U.S. divisions (Northeast, South, Central, West) to two (South/West and Northeast/Central), according to an internal memo sent last week by Andy Saperstein, head of national sales. ... UBS Says U.S. Wealth Management Not For SaleMar 17, 2008By John Churchill A spokesperson for UBS denied rumors, aired by CNBC last week, that the Swiss firm is contemplating a sale of its U.S. wealth-management business in order to raise capital. UBS has written-down billions of dollars related to mortgage-securities losses. ... Bear Sells To JP Morgan, Advisors Prepare For FlightMar 17, 2008By Kristen French Bear Stearns reached a deal Sunday to sell itself to J.P. Morgan—at a fire-sale price. J.P. Morgan will pay $2 a share for the teetering bank, less than one-tenth of the price that its shares were trading for on Friday. That day, Bear’s stock plunged 47 percent to close at $30. Just a year ago, Bear shares were trading at $170. Recruiters say Bear advisors are very determined to leave, but the deal at least buys them some time to look for a new home. ... For Bear Reps, It’s Decision TimeMar 14, 2008By Halah Touryalai By now, everyone on Wall Street knows Bear Stearns is in deep—well, you know what. But where does the firm’s state of emergency leave its 500 or so advisors? That depends on whom you ask. ... Conflicted? Et Tu, Peter Lynch?Mar 5, 2008By David A. Geracioti The conflict of interest/mutual-fund scandal continues to play itself out. How does one win the trading business of a big mutual fund? Take some traders and executives to, say, the Super Bowl. Well, that was business as usual in those glorious, bull-market days of yore. ... Krawcheck Says Advisors Not Forced Into Wealth Silos: UPDATEMar 3, 2008By Christina Mucciolo Citigroup’s reorganization of its private bank and Global Wealth Management division, announced Tuesday, will absolutely not force advisors into silos based on client wealth, said Sallie Krawcheck, Chairman and CEO of Citigroup's Global Wealth Management division, in an interview Wednesday. The reorganization of Smith Barney and the private bank into four separate units according to wealth (institutional, ultra high net worth, high net worth and emerging affluent) is purely a management move, she said, and is intended to help the firm serve these wealth segments better.... FIX ADVISOR LAWS!Mar 1, 2008By John Churchill One more time: Retail investors your clients are confused about the definition of a financial advisor. That is, they don't understand the difference between... What To Know Before You SwitchMar 1, 2008By Mindy Diamond With the appetite for quality financial advisors richer today than it has ever been, it is definitely a buyer's market for you guys. So you better know... RBC's Buying SpreeMar 1, 2008Halah Touryalai RBC Dain Rauscher continued its recent streak of acquisitions in February, announcing plans to acquire Ferris, Baker, Watts (FWB), a full-service broker/dealer... SOVEREIGN WEALTH: IT COULD BE GOOD FOR YOUMar 1, 2008By Christopher C. L. Anderson Kuwait. Singapore. Russia. China. The government investment funds of these countries, and several others, may have saved our financial system from severe... THE FEVER FOR STRUCTURED PRODUCTSMar 1, 2008BY BRIAN WARGO Long a Favorite of Investors in Europe, structured products are rapidly gaining popularity in the United States. Last year, $114 billion in structured... To Heck With Modern Portfolio TheoryMar 1, 2008By Stan Luxenberg With markets soaring last year in places such as India and Turkey, investors poured cash into international funds. Of the $6.6 trillion invested in equity... To Short An ETFMar 1, 2008By Stan Luxenberg When markets turn down, the hated short sellers appear. The volume of short sales bets that stocks will drop spiked after technology shares began collapsing... INDEPENDENT TOGETHERMar 1, 2008BY HALAH TOURYALAI Felipe Luna is on the Prowl for More Advisors particularly wirehouse reps who are lusting after the independent life for his RIA firm, San Jose, Calif.-based... THE LENDING SQUEEZEMar 1, 2008By Kristen French Did you think financial advisors would be immune to the sub-prime crisis? Think again. Sure, you've heard that credit markets are tight. Capital is obviously... HOW TO DANCE THE WALL STREET SHUFFLEMar 1, 2008BY HALAH TOURYALAI There's no such thing as an easy route to independence. But there are some things reps can do to ease the transition. Consultants say the most critical... Tom Ruggie,Mar 1, 2008Christina Mucciolo Registered Rep: Describe your ideal client in three words or less. Tom Ruggie: Wealthy, decisive and appreciative. RR: Piece of sports memorabilia you... [AMERICA'S TOP RIAS]Mar 1, 2008
Firm City Phone Website Total AUM (millions) Total Accounts Number of investment advisors Number of clients 1 Veritable LP Newtown Square, PA 610-640-9551... Wall Street Competes For Transgender TalentMar 1, 2008John Churchill Wall Street's got balls or does it? Kidding aside, the major wirehouse firms all offer special benefits to employees who want to undergo sex-change surgery.... [WHERE THE MONEY LIVES]Mar 1, 2008
(Bold Indicates Top 100 RIA) Firm City Phone Website Total AUM (millions) Total Accounts Number of investment advisors Number of clients CALIFORNIA Kochis... The Baby Boomer's Inner 800-Pound GorillaMar 1, 2008Christina Mucciolo The 97.5 million viewers who tuned into this year's Super Bowl got a little dose of retirement reality from AXA Equitable Life Insurance Company, which... THE ACCOUNTANT DOWN THE HALLMar 1, 2008By Anne Field It seemed like a guaranteed homerun. Eight years ago, Janet Stanzak joined forces with a nearby accounting firm in Minneapolis to launch and run a new... Across the PondMar 1, 2008Halah Touryalai Deal making in the wealth-management space has been rampant lately, and some holding companies and individual RIAs are beginning to see opportunities... Small Businesses Need New BootstrapsMar 1, 2008By Mollie Neal Times are tight for small-business owners. Not immune to the sub-prime mortgage collapse, many are finding their best sources of capital home equity financing... PLAIN ENGLISH: THE COST OF COMPLIANCEMar 1, 2008John Churchill The SEC voted in February to propose changes to the structure of the Form ADV, the disclosure document that all investment advisors must complete. Instead... Gimme A BreakMar 1, 2008By Kevin McKinley When your clients complain to you about paying their taxes this April 15, don't roll your eyes when they claim, It's not about the money. Because their... Sonya MorrisMar 1, 2008Kristen French Registered Rep.: Why has there been so much buzz about actively managed ETFs? Sonya Morris: The ETF market has grown at a torrid pace in recent years,... Change The RulesMar 1, 2008David A. Geracioti Editor-In-Chief There are some topics in this business that seem to pop up again and again. This month's cover story addresses one of them: The difference between registered... RBC Dain’s Acquisition Strengthens East Coast ReignFeb 14, 2008By Halah Touryalai RBC Dain Rauscher is continuing its recent streak of acquisitions, part of an effort by Canadian parent Royal Bank of Canada to build a bigger presence in the lucrative U.S. wealth management market. Dain announced today plans to acquire Ferris, Baker, Watts (FWB), a full-service broker/dealer in Washington D.C.... |
Financial Services Company Watch List
Market index values delayed 15 min advertisement Most Popular Storiesadvertisement Client Prospecting Snapshot
|
About UsRegistered Rep. is the most trusted digital and print source for the retail investment professional, serving brokers, financial advisors, RIA’s, IBD’s, insurance, financial planners, and financial product companies with award-winning insight coverage of the brokerage, wealth management, fund and financial product industry as well as breaking news, data, rankings, and profiles. |
Most Recent Blog Posts
Follow Us
In This Issue: February 2012
Cover Story
Got the Social Media Spins? Help Is On The Way
A bunch of social media services have emerged to help financial services firms comply with regulations and make the most of social networks to build business. They've got big plans for 2012.
Back Issues
Registered Rep. eNewsletters
Subscribe today to get the news you need and information you want from our e-newsletters. To preview the current issue click on the newsletter below. Subscribe Today!
