Morgan Stanley Smith Barney Unveils Institutional Consultancy
Morgan Stanley Smith Barney launched Graystone Consulting to provide investment consulting advice to institutional investors and the upper-tier private wealth market.
News
BlackRock Confirms Discussions about Purchasing BGI
BlackRock, Inc., confirmed that it has been engaged in discussions with Barclays Bank about BlackRock's potential purchase of Barclays Global Investors (BGI), including the iShares business.
Fidelity, KKR to Offer IPOs to Institutional Clients
Fidelity Investment's registered investment adviser (RIA) and broker/dealer clients, and other institutional clients, will be able to invest in initial public offerings (IPOs) underwritten by Kohlberg Kravis Roberts&Co....
Small-Business Owners Worry about Keeping 401(k) Match
As small-business owners fret about their ability to offer a 401(k) match, investment professionals can help.
Participants Stay Put Despite Market Declines
Despite the volatility of the stock market in the first quarter of 2009, most plan participants made no changes to their retirement savings investments, The Vanguard Group observed.
SEC Hits Evergreen with Charges over Mortgage Fund Valuations
The Securities and Exchange Commission (SEC) on Monday charged Boston-based Evergreen Investment Management Company with securities law violations for overstating the value of a mutual fund that invested...
What’s Happening at the SEC
The Securities and Exchange Commission (SEC) appears to have a lot on its agenda.
BCG Brings on New Director of Operations
Broker/dealer BCG Securities, Inc. (BCGS), announced the appointment of Mark Barron as director of Operations.
Redstone Joins Lockton as Retirement Plan Adviser
Troy Redstone joined Lockton Companies in Kansas City as a producer specializing in employer-sponsored retirement plans and investment advisory consultation.
SEC Creates Investor Advisory Committee
The Securities and Exchange Commission (SEC) announced the formation of an Investor Advisory Committee to give investors “a greater voice in the Commission's work.″
SEC Finalizes ARS Settlements with Three Banks
The Securities and Exchange Commission (SEC) said it finalized settlements with Bank of America, RBC Capital Markets, and Deutsche Bank over charges that the firms misled investors regarding...
Invesco Expands Distribution Reach with Managing Director Post
Invesco announced that Thomas J. Hughes has joined its Institutional Sales and Client Service team as managing director.
D.C.-Based African Americans Optimistic, but Need Financial Guidance
African Americans in Washington, DC, are twice as optimistic as the general U.S. population that their financial situation will improve over the next year, but most say they...
Participants May Be Overconfident About Their Investments
Most participants are pretty confident about their investment diversification—but a new survey suggests that confidence may be misplaced.
IMHO: 'View' Points
We hadn’t gotten very far into the agenda of our Plan Designs conference last week when a plan sponsor asked the question that, IMHO, is on a lot...
IMHO: "View" Points
We hadn’t gotten very far into the agenda of our Plan Designs conference last week when a plan sponsor asked the question that, IMHO, is on a lot...
Survey Says Millennials in Sales Force Misunderstood
A recent survey found a significant perception gap between employers and Millennial (born between 1978 and 2000) sales-force employees.
Putnam to Enter Hedge Fund Business
Mutual fund company Putnam Investments plans to offer hedge fund portfolios in the next six to 12 months, its chief executive officer said on Friday, according to Reuters.
Deschenes Tapped for Sun Life Annuities Post
Stephen L. Deschenes has been named senior vice president and general manager of the Annuities Division for the U.S. operating unit of Sun Life Financial, the company announced...