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By Bob Clark, AdvisorOne |
May 22, 2012
In the nearly 30 years that I have been covering financial advisors, the fundamental problem hasn’t changed: Delivering client-centered advice isn’t as profitable as selling products.
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By John Sullivan, Advisorone |
April 27, 2012
“It’s like drinking from a fire hose.”
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By Janet Levaux, AdvisorOne |
April 18, 2012
BofA is trying to raise $3 billion through the overseas sale, according to Reuters, but that could lead to some flight among U.S. advisors.
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By Janet Levaux, AdvisorOne |
February 15, 2012
According to BofA, some 2,300 Merrill Lynch advisors sell defined-contribution plans, which now have about $26.5 billion in assets.
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By Janet Levaux |
December 26, 2011
UBS recently made Bob McCann head of UBS’ operations in the Americas and reassigned Philip Lofts to the post of chief risk officer for the Swiss-based firm. Maureen Miskovic, who had been chief risk officer for UBS since early 2010, left the firm.
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By Joyce Hanson, AdvisorOne |
December 21, 2011
Here’s what the experts are saying about the investment outlook for stocks in 2012.
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By Janet Levaux |
November 23, 2011
BofA-Merrill added 27 Merrill Edge financial solutions advisors in Atlanta; Charlotte, N.C.; and Nashville and other nearby cities to its mass-affluent platform in late October. The bank says it is on track to nearly double the number of FSAs in branches and call centers to more than 1,000 by the...
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By Joyce Hanson, AdvisorOne |
November 8, 2011
Industry insiders criticized big U.S. banks as being “uninvestable” on Tuesday at the Securities Industry and Financial Markets Association’s (SIFMA) annual meeting in New York.
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By Janet Levaux, AdvisorOne |
November 8, 2011
The wealth-management business also needs to do more to attract younger investors, as well as female advisors and managers.
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By Janet Levaux |
October 26, 2011
UBS said in early October that the co-heads of its global-equities unit resigned in response to the unauthorized trading that caused a $2.3 billion loss at the bank in mid-September. A former Bank of America-Merrill Lynch executive is now the sole leader of the unit. These shifts come on the...
