Investment management company Bandon Capital Management, LLC, announced
a new relationship with American Independent Securities Group, LLC
(AISG), enabling AISG advisers to access Bandon’s flagship investment
California Attorney General Edmund G. Brown Jr. announced a
$1.4-billion settlement with three Wells Fargo affiliates to pay back
investors, charities, and small businesses that purchased auction-rate
securities (ARS) based on "misleading advice."
A survey by Morningstar, Inc., and Barron's magazine found that despite
questionable performance during the market downturn and hedge fund
scandals, institutional investors and advisers still view alternative
investments optimistically, although with greater scrutiny.
Ameriprise Financial has introduced Active Diversified Alternatives
Portfolios, a series of professionally managed portfolios designed for
long-term investors seeking increased diversification and risk
Spyker Consulting, Inc., an international bullion brokerage firm, said it offers individual retirement account (IRA) services for qualified investors seeking to have gold, silver, platinum, or palladium in their retirement accounts.