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Trend: More roll-ups of advisory firms?

Registered investment advisers have a pretty compelling pitch when it comes to graying clients. They aren't commission-based guys. They're thinking less about trades and more about your portfolio in Read more...

Hedge funds turn away from sell-side research

Financial News Online reports that the buy side, in general, is buying much less research these days. The trend likely will continue as Read more...

Merrill and Wachovia's Tishman gambit

Wachovia and Merrill Lynch scored a big win when they won the advisory mandate on Tishman Speyer's $5.4 billion acquisition of Stuyvesant Town/Peter Cooper Village from Metropolitan Life Read more...

Hedge funds soar in Asia, bubble building?

This is pretty amazing: In just two years, the share of trading volume in Asia accounted for by Read more...

What's up at Jefferies?

Jefferies was on fire just a year ago. It's shares have been under a bit of pressure as of late, as the Read more...

Hedge fund leases at issue

One proactive approach to building a prime brokerage business is to run a hedge fund incubation program. One example would be UBS's "hedge fund hotel," where start up hedge funds lease space from Read more...

ETFs plus free trades equal big boon

Exchange traded funds have been a huge success story. If more brokerages offer free online trades, as some Read more...

Bank of America might spark a commission war

Bank of America's move to offer free equity trades to many customers stoked talk that a commission war might be in the offing. Unless Bank of America really starts taking customers, that might not Read more...

Bank of America move may hit online brokerages

Bank of America's announcement that it would offer 30 trades a month free to accounts with $25,000, raises the stakes for the pure online brokers. They are all under pressure already to diversify Read more...