Change continues to be the name of the game at Morgan Stanley.
The firm has tapped former Merrill Lynch executive James Gorman, 47, to lead its retail division, referred to as the Individual Investor Group. He will report to acting President Zoe Cruz in February 2006. Until then, Ray Harris will lead the retail sales force.
Follow the money. Thats what banks and independent brokers are doing in Florida.
The latest U.S. Census figures show that counties around Jacksonville, Fla., are among the fastest-growing in the country, as retiring baby boomers and others move in and wealth managers are following suit.
Each year, the Profit Sharing/401(k) Council of America celebrates National 401(k) Day on the day following Labor Day (September 7 in 2005). But the group may have a lot more to celebrate in years to come as could advisors managing 401(k) plans.
Large players in financial services are putting as much leadership as possible under one command to ensure maximum results and minimum duplication in wealth-management work on the brokerage side and services that target the affluent on the banking side.
Youve established yourself as one of Americas top financial advisors with over $800 million in client assets and frequent media appearances.
Whats your next target? How about $1 billion in assets by 2007 and a practice that provides ultra-high net worth clients with concierge-style financial services, including philanthropy?
Congress has been moving quickly to let victims of Hurricane Katrina and those who want to support them special access to their retirement accounts. For their part, financial advisors in the Gulf Coast and beyond are reaching out to those most in need in other ways working with advisors from rival firms and leaving their families for several days or weeks at a time to make a difference.
Preparation is the key to success. Alexander Graham Bell
The secret of success in sales, as in almost everything else, is being prepared.
Youve probably heard work smarter, not harder a zillion times.
A sale of Lehman Brothers' European arm loomed as the next step in Wall Street's transformation as the main architect of a $700 billion US financial sector rescue plan warned lawmakers not to slow its progress.
An airport near Székesfehévár that Hungarian property developer Biggeorge's is set to build will cost Ft 20 billion Ft 25 billion, business daily Napi Gazdaság reported.
