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    May 14, 2013 |Story| Reuters
  1. Consumer debt resumes decline in first quarter: NY Fed

    Reuters
    NEW YORK (Reuters) - Americans resumed cutting back on debt in the first quarter as mortgage and credit card balances fell, while overall delinquency rates improved, data from the New York Federal Reserve showed on Tuesday. Total consumer debt stood at...

    Tags: Credit and Debt, Mortgages, Federal Reserve, Social Issues, Consumers

  2. May 14, 2013 |Story| Reuters
  3. Fidelity gets SEC permission to run actively managed ETFs

    Reuters
    BOSTON, May 14 (Reuters) - Fidelity Investments said on Tuesday it received permission from U.S. regulators to open its own actively managed exchange-traded funds, as the mutual fund firm seeks to catch up in the faster-growing ETF segment. Boston-...

    Tags: Economy, Business and Finance, Mutual Funds, Franklin Resources Incorporated, Finance

  4. May 14, 2013 |Story| Reuters
  5. ON THE MOVE-Baird adds adviser teams from Morgan Stanley, UBS

    Reuters
    May 14 (Reuters) - Robert W. Baird & Co said on Tuesday it hired two teams of veteran financial advisers from top Wall Street brokerages Morgan Stanley Wealth Management and UBS Wealth Management Americas to expand Baird's adviser footprint in the...

    Tags: UBS AG, Employment Opportunities, Morgan Stanley Dean Witter & Company, Wells Fargo & Co., Employment

  6. May 15, 2013 |Story| Chicago Tribune
  7. More young adults shedding debt

    Shalom Klein and his wife, Elisheva, of Skokie, both 23, are avoiding debt by sharing a used car that they have paid for, renting until they can afford to buy a house and paying off their credit card balance every month. Their undergrad college bills are paid, and Shalom is up to date with expenses for the master's degree he is working toward.
    Shalom Klein and his wife, Elisheva, of Skokie, both 23, are avoiding debt by sharing a used car that they have paid for, renting until they can afford to buy a house and paying off their credit card balance every month. Their undergrad college bills...

    Tags: Credit and Debt, Rentals, Mortgages, Services and Shopping, Homes

  8. May 14, 2013 |Story| Baltimore Sun
  9. 'Bachelorette' bait to include Baltimorean Brian Jarosinski

    Could "The Bachelorette" go for a Bawlamer boy? Could be...
    The Baltimore Sun
    Could "The Bachelorette" go for a Bawlamer boy? Could be... When the ABC show has its season premiere Monday, May 27, one of the contenders for the hand of bachelorette Desiree Hartsock will be introduced as Brian, a 29-year-old financial adviser from...

    Tags: Sports, MetLife Incorporated, ABC (tv network), College Baseball, The Bachelorette (tv program)

  10. May 13, 2013 |Story| Reuters
  11. ON THE MOVE-UBS hires Merrill private wealth team in Florida

    Reuters
    By Ashley Lau May 13 (Reuters) - UBS AG's Wealth Management Americas said it has hired two veteran private wealth advisers and their team from Bank of America Corp's Merrill Lynch in Florida to join UBS's Fort Lauderdale office. The Parker-Harrigan...

    Tags: UBS AG, Fort Lauderdale, Aventura, Personal Investing, Personal Income

  12. May 13, 2013 |Story| Reuters
  13. PRESS DIGEST-Australian Business News - May 14

    Reuters
    Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) Glencore Xstrata will not proceed with the development of its Balaclava Island Coal...

    Tags: Foreign Exchange Market, Australia, Corporate Officers, Auto Trends, Credit and Debt

  14. May 13, 2013 |Story| South Florida Sun-Sentinel
  15. State to sell off some of its $1 billion in unclaimed property

    TALLAHASSEE — In a small room in a downtown Tallahassee office building sit mounds of treasure — some of it worth thousands of dollars and some nothing more than its place in someone's memories.
    TALLAHASSEE — In a small room in a downtown Tallahassee office building sit mounds of treasure — some of it worth thousands of dollars and some nothing more than its place in someone's memories. There are diamond necklaces and brooches....

    Tags: Jeffrey Atwater, Fort Lauderdale, Tampa, Economy, Business and Finance, Mutual Funds

  16. May 9, 2013 |Story| Reuters
  17. U.S. SEC official to leave agency for Prudential

    Reuters
    WASHINGTON, May 9 (Reuters) - A top official at the U.S. Securities and Exchange Commission is leaving the agency to become chief compliance officer of Prudential Financial Inc's mutual fund arm, the SEC and Prudential announced on Thursday. Bruce...

    Tags: Economy, Business and Finance, Securities, Mutual Funds, U.S. Securities and Exchange Commission, Finance

  18. May 9, 2013 |Story| Reuters
  19. Advisory firm Sontag stops taking fees from Schwab and Fidelity

    Reuters
    NEW YORK (Reuters) - Sontag Advisory, which oversees $3.6 billion of investments for wealthy families and individuals, has reversed its policy of accepting payments from Charles Schwab Corp and Fidelity Investments for recommending the brokerage firms...

    Tags: Charles Schwab, Economy, Business and Finance, Mutual Funds, TD Ameritrade Holdings Corp., Analysts' Comments

  20. May 10, 2013 |Story| Chicago Tribune
  21. Check rules for keeping adviser, staying in 401(k)

    Q: I have a financial adviser who helps me manage my finances and 401(k)'s. I'm retiring and want to leave my 401(k) with my company but still would like my adviser to help manage it. He says he would no longer be able to because I would no longer be...

    Tags: Financial Planning, Economy, Business and Finance, 401K, Finance, Labor Legislation

  22. May 8, 2013 |Story| Reuters
  23. Should you write a book?

    Reuters
    NEW YORK (Reuters) - Wealth managers who think that writing a book will bring them influence and a flood of new clients may want to think again. A nice hardback could bring some respect, say advisers who gave in to the temptation of authorship, but at...

    Tags: McGraw-Hill Incorporated, Financial Planning, Authors, Computing and Information Technology Industry, Book

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