Client Outreach
The latest news and advice about successful client communications, including the best methods and strategies for financial advisors.
MORGAN STANLEY WANTS TO STAY INDEPENDENT (Sept. 16, 2008)
By Janet LevauxMorgan Stanley, the sole remaining independent wirehouse broker-dealer, reported income from continuing operations for the third quarter ended August 31, 2008, of $1,425 million, or $1.32 per diluted
September 12, 2008
ING Lowers Ticket Charges fof FAs (Sept. 15, 2008)The independent broker-dealers of ING have announced they are lowering fees on trades for their financial representatives and advisors on an array of transactions with the aim of making the cost advis
September 09, 2008
Cribiore Moves to Citi from Merrill (Sept. 9, 2008)Citi says it has tapped former Merrill Lynch board member Alberto Cribiore to become vice chairman of its institutional clients group effective immediately. Cribiore, 62, will report to John Havens, C
September 05, 2008
Earn CE CreditThe Financial Planning Association (FPA) announced its lineup of Virtual Learning Center sessions for September. The sessions provide "unique educational opportunities for the financial planning community" and consist of a multimedia presentation and a question and answer period.
September 04, 2008
A Philanthropic Generation"Not only are young millionaires giving more than older generations, they are giving more than they have in the past," said Marguerite Griffin, national director of Philanthropic Services for Northern Trust, in announcing the results of some new Northern Trust research on charitable giving. In fact, the third annual "Wealth...
September 01, 2008
Merrill Trims CDOs and Staff, as It Boosts Global FAs to 16,690Merrill Lynch says it had a second-quarter net loss of $4.7 billion vs. earnings of $2.1 billion a year earlier. Second-quarter 2008 results include a...
September 01, 2008
Gold Loses Its LusterAfter breaking the $1,000-an-ounce barrier during the spring, gold's seemingly invincible run has hit a brick wall. The price of this storied yellow metal has...
September 01, 2008
HealthShares' Major SurgeryXShares Advisors says the board of directors of its flagship ETF family, HealthShares, has approved a reorganization of 19 HealthShares ETFs, which includes liquidating 15...