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Bank Investment Consultant - Breaking News
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Annuity Sales Slide in the First Quarter of 2012
Indexed annuities were one bright spot in the market, hitting $8.1 billion in sales, up 14% from the year-ago period.
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Cantor Fitzgerald Hires Five; Targets Latin America
Cantor Fitzgerald has hired five investment professionals to expand its presence in emerging markets in Latin American, with a particular emphasis on Brazil.
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SunTrust Debuts New Retirement Planning Tool
The new Retirement Income Navigator is a three-step process designed to help investors withdraw money from retirement accounts in a more tax-efficient way.
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Altegris Launches Long/Short Fund
Altegris Advisors has launched the Altegris Equity Long Short Fund (ELSAX), designed to generate and capture alpha on the long and short side of the equity markets, predominantly US stocks.
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Muni Market Runs Out of Gas
The hunger for paper and search for yield in the municipal market reached their limits this week.
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TD Ameritrade Takes Heat for Founder's Foibles
As the brokerage is learning with Joe Ricketts, even a casual connection to a founder or former CEO can carry reputational risks in the social media age.
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Dimon to Testify on JPM Trade Losses
The Senate Banking Committee announced Thursday that it has invited JPMorgan Chase CEO Jamie Dimon to testify about the firm's $2 billion trading loss. A bank spokeswoman said Dimon has agreed to testify.
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SEC Charges Former NAPFA Chair With Fraud
The SEC has charged Seattle-area financial advisor, Mark Spangler, with defrauding clients by secretly investing $47.7 million in two start-up companies he co-founded.
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Edward Jones Launches Program to Hire Military Veterans as Advisors
The first-of-its-kind program for military veterans, which the St. Louis company is calling FORCES, features enhanced training and mentoring, and structured compensation packaged designed for veterans. It also meets federal requirements for on-the-job training under the G.I. Bill.
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Northern Trust Taps Company Veteran to Lead Expansion in Middle East
Northern Trust named Sheldon Woldt to lead its family office and institutional business in the Middle East.
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