13 November, 2015 by The TZ Newswire Staff Comments Off on Nasdaq in talks to buy Chi-X Canada for about $100 million: Report
Nasdaq in talks to buy Chi-X Canada for about $100 million: Report
Nasdaq Inc is in talks to buy the Canadian unit of alternative equities trading platform, Chi-X Global Holdings, according to a Bloomberg report that appeared on The Globe and Mail. A deal would value …
13 November, 2015 by The TZ Newswire Staff Comments Off on Investors face quagmire of falling earnings, higher rates
Investors face quagmire of falling earnings, higher rates
Investors may wade into unknown territory next month as the Federal Reserve readies the first rate hike in nearly a decade amid a corporate earnings recession. S&P 500 earnings are on track to close their first reporting season of negative growth since the Great Recession and estimates call for sub-zero growth in the current quarter as well. “We can’t think of any instances when the Fed was hiking during an (earnings) recession,” said Joseph Zidle, portfolio strategist at Richard Bernstein Advisors in New York.
13 November, 2015 by The TZ Newswire Staff Comments Off on French President Hollande announces border closure
French President Hollande announces border closure
President Barack Obama on Friday decried the attacks around Paris that left at least 35 people dead.
13 November, 2015 by The TZ Newswire Staff Comments Off on Try These Three Ways To Grab New Clients’ Attention
Try These Three Ways To Grab New Clients’ Attention
In 2000, Michael McDaniel sought to build his financial advisory business. Pitching tax-free bonds to high-net-worth individuals, he’d glue a nickel to his business card. “That was my version of marketing,” he recalled with a chuckle. “I’d give them my business card and say, ‘That’s your first tax-free nickel from me.'” Despite his old-fashioned approach, McDaniel says that people took notice.
13 November, 2015 by The TZ Newswire Staff Comments Off on Financial Advisory Mergers: What To Watch Out For
Financial Advisory Mergers: What To Watch Out For
Of the various ways to grow a wealth management business, there may come a time when buying another business makes sense. But what are the elements that drive the decision to grow by acquisition?
13 November, 2015 by The TZ Newswire Staff Comments Off on Outsourcing, Training Help Advisors Obey Regulations
Outsourcing, Training Help Advisors Obey Regulations
Financial advisors often enter the business because they enjoy helping others plan their financial future. But along the way, they face a complex web of compliance issues. From storing client data to cybersecurity threats to registering with the U.S. Securities and Exchange Commission, financial advisors must fulfill myriad requirements in operating their practice. State securities laws also come into play.
13 November, 2015 by The TZ Newswire Staff Comments Off on Is Your Robo-Advisor Ready For A Market Crash?
Is Your Robo-Advisor Ready For A Market Crash?
Ease of use and low fees make robo-advisors look good to a lot of investors. But what happens to robo-advisors when a bear market slaps investors in the face? Are robo-advisors prepared for the day when they are hit by a tsunami of panicky phone calls from clients shocked to see their portfolios tumble in a market crash?