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Consumer debt resumes decline in first quarter: NY Fed
ReutersNEW 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
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Fidelity gets SEC permission to run actively managed ETFs
ReutersBOSTON, 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
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ON THE MOVE-Baird adds adviser teams from Morgan Stanley, UBS
ReutersMay 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
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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...
Tags: Credit and Debt, Rentals, Mortgages, Services and Shopping, Homes
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'Bachelorette' bait to include Baltimorean Brian Jarosinski
The Baltimore SunCould "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)
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ON THE MOVE-UBS hires Merrill private wealth team in Florida
ReutersBy 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
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PRESS DIGEST-Australian Business News - May 14
ReutersCompiled 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
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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. There are diamond necklaces and brooches....
Tags: Jeffrey Atwater, Fort Lauderdale, Tampa, Economy, Business and Finance, Mutual Funds
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U.S. SEC official to leave agency for Prudential
ReutersWASHINGTON, 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
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Advisory firm Sontag stops taking fees from Schwab and Fidelity
ReutersNEW 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
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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
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Should you write a book?
ReutersNEW 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
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 15, 2013
|Story| Chicago Tribune
May 14, 2013
|Story| Baltimore Sun
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| South Florida Sun-Sentinel
May 9, 2013
|Story| Reuters
May 9, 2013
|Story| Reuters
May 10, 2013
|Story| Chicago Tribune
May 8, 2013
|Story| Reuters
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