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By Jane Wollman Rusoff |
August 23, 2012
In these challenging times—lethargic economy, record-low interest rates, high market volatility, softer trading volumes and a regulatory overhaul—the top firm in the clearing space has decided to totally transform its business model.
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By Jane Wollman Rusoff |
September 1, 2010
In the aftermath of dreadful 2008 and 2009, staunch, stable clearing firms are not only being appreciated but touted by financial advisors to clients. Indeed, with...
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By Janet Levaux, AdvisorOne |
July 23, 2010
Penson Worldwide reported net revenues of $71.11 million and a net loss of $7.4 million, or $0.29 per share, for the second quarter ended June 30.
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By Ron Pechtimaldjian, AdvisorOne |
May 7, 2010
As the first-quarter earnings season winds down, Penson Worldwide, Prudential Financial, and Sun Life Financial reported their earnings with mixed results.
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By Jane Wollman Rusoff |
April 1, 2010
Tighter financial industry rules and regulations en route via the Obama administration have clearing firms psyched up and ready: They see the developments as a...
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By Jane Wollman Rusoff |
September 1, 2009
It's no secret that the global financial collapse has pushed vitally important risk management front and center. And perhaps no other segment of the financial services...
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By Jane Wollman Rusoff |
April 1, 2009
It's not a question of any port in a storm -- it's the right port ... in a tsunami. That's what independent broker-dealers are seeking...
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By Jane Wollman Rusoff |
September 1, 2007
Freud famously asked: What do women want? Women, of course, want what clearing-firm clients want: to be listened to. Listening is a simple concept; yet...