News

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  TD Bank Chief Economist: ‘Europe No. 1 Risk Facing Globe’

  By John Sullivan, AdvisorOne  |  February 3, 2012

  The economy still has “major imbalances to unwind, which will act as a drag on growth for the foreseeable future, says Craig Alexander, senior vice president and chief economist with TD Bank Group.

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  Keynes vs. Hayek Smackdown: Battle Still Rages Between Long-Dead Economists

  By Joyce Hanson, AdvisorOne  |  February 3, 2012

  To many market watchers, the fight of the century was the battle royale between economists John Maynard Keynes and Friedrich August von Hayek--and it's a fight that rages on though the opponents died years ago.

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  TD Ameritrade Puts Actions Behind Its Patriotic Words

  By James J. Green, AdvisorOne  |  February 3, 2012

  At annual conference, TDAI pays for supplies for 2,000 Red Cross kits for wounded soldiers and homeless vets. Advisors pitch in.

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  Swiss Bank Wegelin Indicted for Tax Fraud by U.S.

  By Marlene Y. Satter  |  February 3, 2012

  Wegelin, Switzerland's oldest private bank, is charged with fraud and conspiracy; it has no branches outside Switzerland, and funds were seized from its correspondent bank, UBS in Stamford, Conn.

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  Deadline for Greek Bailout Agreement Set for Monday

  By Marlene Y. Satter  |  February 3, 2012

  Eurozone finance ministers intend to polish up an agreement to grant Greece a second bailout package in the hope that it will forestall the debt crisis and reassure markets.

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  Cultural Influences Affect Retirement Planning and Decision-Making: ING Study

  By Michael S. Fischer  |  February 3, 2012

  The study reported that all populations found retirement planning to be a daunting task. However, Hispanics felt the least prepared, with 54% saying they felt “not very” or “not at all” prepared.

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  Permanent Fund’s Cuggino Calls His Offering ‘Flexible Choice’ for Advisors

  By James J. Green, AdvisorOne  |  February 3, 2012

  Mutual fund invests in six different asset classes, including gold and Treasuries.

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  Economy Added 243,000 Jobs in January; Unemployment Rate Falls to 8.3%

  By Joyce Hanson, AdvisorOne  |  February 3, 2012

  Unemployment is now at its lowest point since President Obama’s first full month in office, and Friday’s report is sure to win attention for Obama in his presidential bid for re-election in 2012.

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  Dick Cheney Criticizes Obama, Defends Record: TD Ameritrade Conference

  By John Sullivan, AdvisorOne  |  February 3, 2012

  TD Ameritrade Institutional President Tom Bradley sat with former Vice President Dick Cheney at the company’s annual conference Friday for an interview largely centered on foreign policy.

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  Raymond James Expects Morgan Keegan Reps to Stay

  By Janet Levaux, AdvisorOne  |  February 3, 2012

  Executives at Raymond James and branch managers at Morgan Keegan say the retention deal is a good one, though recruiters remain skeptical.