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Most Advisors Call Double-Dip Recession Unlikely But Clients Still Cautious
By Larry Barrett While 52% of registered investment advisors say a double-dip recession in the next six month is unlikely, their clients are nonetheless looking to reduce expense, cut back on discretionary spending and making more conservative ...
BofA Considering Up to 40000 Layoffs: Report
By Larry Barrett Bank of America executives are mulling a restructuring plan that would lop off as many as 40000 jobs in its first phase, according to a Wall Street Journal report citing sources familiar with the discussions. While the total number of ...
Genworth Brings Rothfeld Aboard as Chief Marketing Officer
By Larry Barrett Genworth Financial Wealth Management appointed former Citibank and Charles Schwab executive Myra Rothfeld as its chief marketing officer. Rothfeld, who most recently led the development of a new independent advisor channel for high net ...
Carson Wealth Management Adds Research Director, Analyst
By Larry Barrett Carson Wealth Management Group, an independent investment and wealth management firm based in Omaha, Neb., has named Brett Carson as its new director of research and brought on Aaron Foster as a financial analyst. ...
Advisors Take Note: Baby Boomers Rapidly Warming to Social Media
By Larry Barrett Financial advisors looking for new and more effective ways to interact with their Baby Boomer clients -- or find new ones -- should be inspired by a new Pew Research Center report that found social networking participation among this ...
First Republic Bank Adds Krusko to NY Wealth Management Team
By Larry Barrett First Republic Bank has hired Matt Krusko as a managing director and wealth advisor for its investment management, trust and brokerage unit in New York. Krusko joins the San Francisco-based private bank and wealth management firm from ...
Odds of US Slipping Into Another Recession a 'Coin Toss': Fannie Mae
By Larry Barrett As if the stock market's wild vacillations in the past few weeks weren't evidence enough that few have a firm hold on the US economy's near- and long-term outlook, Fannie Mae this week issued an analysis that says the likelihood of a ...
QFS Asset Management Lands New Research Director
By Larry Barrett QFS Asset Management, a hedge fund that provides clients with currency, global macro, fixed income and volatility management strategies, this week named Jim Conklin as its new director of research. Company officials said Conklin will ...
Genworth Brings Rothfeld Aboard as Chief Marketing Officer
By Larry Barrett. September 8, 2011. Genworth Financial Wealth Management appointed former Citibank and Charles Schwab executive Myra Rothfeld as its chief marketing officer. Rothfeld, who most recently led the development of a new ...
UBS Slashes 3500 Jobs
By Larry Barrett. August 23, 2011. UBS on Tuesday said it will eliminate 3500 jobs over the next two years in a cost-cutting move. The Swiss bank will incur one-time charges of more than 550 million Swiss francs, or $700 million, in the second ...
Larry Barrett Body * Frame * Towing LLC Adds U-Haul Rentals on ...
PITTSBURG, Kan., July 20, 2011 /PRNewswire/ — Larry Barrett, owner of Larry Barrett Body * Frame * Towing LLC, located at 1601 E. 27th Street Terrace, recently added U-Haul truck and trailer rentals to the towing service ...
Layoffs up to 10000 at BoA to Include Merrill Advisers
By Larry Barrett. August 19, 2011. Bank of America will lay off at least 3500 employees in the next few months -- up to 10000 in total -- including an unknown number of advisers from the bank's Merrill Lynch unit as a result of lower trading ...
Odds of U.S. Slipping Into Another Recession a 'Coin Toss': Fannie ...
By Larry Barrett/ Financial Planning. August 23, 2011. Fannie Mae this week issued an analysis that says the likelihood of a dreaded double-dip recession is now a 50/50 proposition. ...
Ladenburg Thalmann Financial Services will acquire Securities ...
By Larry Barrett. August 17, 2011. Ladenburg Thalmann Financial Services will acquire Securities America, the embattled, independent broker-dealer subsidiary of Ameriprise, for an initial payment of $150 million in cash, according to a ...
Odds of U.S. Slipping Into Another Recession a Coin Toss : Fannie ...
By Larry Barrett. August 23, 2011. Fannie Mae's Economics & Mortgage Market Analysis Group pegs total U.S. economic growth for the year to downshift to around 1.4% for all of 2011, down from 3.1% in 2010. ...
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