Are closed-end fund preferred-auction securities safe? We consider CFPs to be the conservative's conservative security. Defaults are even rarer than failed...
America's Top 100 Independent Advisors
There are close to 90,000 independent broker/dealer reps in the industry, more than any other channel. Here are the Top 100 ranked by assets under management.
Merrill Slashes Trading Jobs
By: By Christina Mucciolo
Merrill Lynch began a round of layoffs this morning: The dismissals reportedly kicked off at 7 a.m. on the trading floor, according to Wall Street news blog Dealbreaker
Registered Rep.'s Broker Report Cards
Most reps noted a lot of improvements at their firms this year. For the first time in three years, the cumulative average of all of the firms increased
Getting Cozy With Canadians
By: By Halah Touryalai
RBC's job on that front is far from done. The bank is giving Dain a makeover, and making major investments in the firm. In March 2008, Dain Rauscher will
Smith Barney Snags Three Advisors From Rivals
By: By Halah Touryalai
Smith Barney has started off the new year right with a recruiting victory. The firm recently hired three Merrill Lynch reps and one UBS advisor.
Major Lay Offs for Wall Street? Or Just a Blip on the Radar?
By: Halah Touryalai
When the going gets tough, the tough get … laid off. We’re not sure how hard Wall Street will be hit by pink slips, but one recruitment firm estimates that about 140,000 employees will be let go in the aftermath of the credit crunch
Wall Streets Bull and How to Bear It
"There are two requirements for success in Wall Street. One, you have to think correctly; and secondly, you have to think independently." - Benjamin Graham. "Wall Street's Bull and How to Bear It" was written to encourage a strong commitment between investment advisors and their clients. The book identifies a unified set of core beliefs that advisors and their clients should share....
