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The Motley Fool
September 22, 2005
Stephen D. Simpson
Is A.G. Edwards A-OK? The financial services company doesn't operate like its peers -- and that's a plus for investors. mark for My Articles similar articles
The Motley Fool
September 24, 2004
Nathan Slaughter
A.G. Edwards Misses the Mark The full-service broker reports Q2 earnings just shy of estimates. mark for My Articles similar articles
The Motley Fool
September 21, 2007
Lawrence A. Rothman
Good Deal, Wachovia! Strong quarterly results from A.G. Edwards reaffirm the wisdom of Wachovia's pending purchase. Investors, take note. mark for My Articles similar articles
The Motley Fool
July 19, 2004
Nathan Slaughter
Legg Mason Falls Short The money manager Legg Mason posts strong earnings, but it misses high expectations. mark for My Articles similar articles
The Motley Fool
June 27, 2005
Tom Taulli
Legg Mason's Big Swap With two transactions last week, the firm transformed itself into a pure-play money manager. For stockholders, it probably makes sense to wait before jumping into Legg Mason stock. mark for My Articles similar articles
Registered Rep.
June 1, 2006
Kristen French
Is Legg Mason Suffering Citi Indigestion? Can Legg Mason pull it off? That's what fickle Wall Street investors are wondering lately about the firm's blockbuster asset swap deal with Citigroup, in which Legg exchanged its brokerage unit for Citi's asset management business. mark for My Articles similar articles
Registered Rep.
August 1, 2005
Kristen French
Next Year's Model If the one-stop shop is out, what new formula will take its place? In many ways, the Citi/Legg Mason swap looks like an ideal prototype. The thing is, a swap like that is not likely to be repeated. mark for My Articles similar articles
Registered Rep.
October 1, 2005
John Churchill
Fighting for Dollars The retail brokerage model in the U.S. is flawed. Why? Because advisors get too much of the revenue pie. mark for My Articles similar articles
The Motley Fool
October 5, 2006
Stephen Ellis
A Value Opportunity at a Value Manager With prices and expectations lowered, Legg Mason now has a low bar to beat. Mr. Market has given us a gift in the form of a cheap, top-quality asset manager. mark for My Articles similar articles
The Motley Fool
July 26, 2005
Nathan Slaughter
Legg Mason Gets a Leg Up The money manager posts solid growth ahead of the pending Citigroup asset swap. Legg Mason shareholders still have much to look forward to. mark for My Articles similar articles
The Motley Fool
December 22, 2005
Stephen D. Simpson
A.G. Edwards: Still Different While A.G. Edwards is a solid play on the seemingly inevitable growth in retirement and investing, current valuations don't make it such an inevitable winner as a stock. mark for My Articles similar articles
The Motley Fool
May 22, 2006
Stephen D. Simpson
The New Legg Mason Stumbles The new Citigroup assets will take time to digest, but they should pay off over time. Investors, take note. mark for My Articles similar articles
Registered Rep.
January 20, 2011
Kristen French
Morgan Stanley Says Integration On Track, Wealth Managment Revenues Up 7% Morgan Stanley CEO James Gorman and CFO Ruth Porat said they are pleased with the progress of integration in the wealth management division, a joint venture with Citigroup in its spun-off Smith Barney division, as well as its performance. mark for My Articles similar articles
Registered Rep.
March 24, 2006
Halah Touryalai
New Legg Mason President Marks the End of an Era The asset-management firm announced that its founder, Raymond "Chip" Mason, is stepping down as president. James Hirschmann, the current CEO of Western Asset Management, Legg Mason's largest subsidiary by assets under management, will replace him. mark for My Articles similar articles
Registered Rep.
November 1, 2005
John Churchill
The Money Squeeze There's one thing that stands between the big retail brokerage firms and the high profit margins that the executives of these firms and their investors seek: the financial advisor. mark for My Articles similar articles
Registered Rep.
June 27, 2005
Kristen French
Citi/Legg Deal Strikes Blow at the Heart of Financial Supermarket Concept The recently announced asset swap between Citigroup and Legg Mason could be a sign that the financial supermarket of yore is on its way out, to wit: the separation of asset management and distribution. mark for My Articles similar articles
The Motley Fool
May 14, 2007
S.J. Caplan
A New Legg for the Long Run The fourth-largest U.S. money manager reported fourth-quarter and full-year earnings. Clearly, Legg's not bionic. But if its equity performance undergoes some rehab, the firm could give rivals a run for their revenue. mark for My Articles similar articles
The Motley Fool
July 19, 2006
Selena Maranjian
Find the Right Broker When it comes to handling your investments, one size doesn't fit all. Shop around. mark for My Articles similar articles
Registered Rep.
January 1, 2005
I'm A Broker, You're A Broker At most publicly traded national broker/dealers, about 35 percent of employees are called financial advisors. mark for My Articles similar articles
Registered Rep.
January 31, 2006
John Churchill
A.G. Edwards Cutting Compensation As the brokerage industry moves upmarket and seeks better return on equity and profit margins, the pressure for reps (and their firms) to produce continues to increase. mark for My Articles similar articles
Registered Rep.
May 1, 2005
Chris O'Leary
Break a Legg With Mason approaching retirement age (he is 68 and has not talked about retiring), and with the company frustrated in its efforts to find suitable acquisitions to keep growing, Legg has become an oft-rumored takeover target. mark for My Articles similar articles
The Motley Fool
August 25, 2005
Selena Maranjian
Should Brokers Get Overtime Pay? Commissions. That's an important word to consider when you think about how your broker may be serving you. For most investors, a solid online brokerage with low fees and a broad range of services is all one needs. mark for My Articles similar articles
Registered Rep.
November 1, 2005
Kristen French
Bonus Bait Morgan Stanley is planning to offer bonuses to brokers who expand their production in 2006. mark for My Articles similar articles
Registered Rep.
January 21, 2005
Will Leitch
A.G. Edwards Offering Courses for College Credit The firm cleared the classes with the American Council on Education, allowing them to help brokers who are interested to work toward undergraduate degrees with elective credits. The firm claims they are the first retail brokerage to offer such a program. mark for My Articles similar articles
Registered Rep.
April 7, 2006
Kevin Burke
Bye, Bye Smith Barney Funds; Welcome Legg Mason Legg Mason announced today the renaming of a bulk of the Smith Barney funds as the Legg Mason Partners Funds in the wake of last year's blockbuster deal. mark for My Articles similar articles
BusinessWeek
June 28, 2004
Emily Thornton
Mutual Funds: The Cost Of Full Disclosure With Securities & Exchange Commission Chairman William H. Donaldson pushing for new rules aimed at providing greater safeguards for mutual-fund investors, brokerages worry that implementing them will cost billions of dollars. mark for My Articles similar articles
Registered Rep.
March 5, 2004
John Churchill
Is Smaller Better? According to J.D. Power & Associates' "Full-Service Investor Satisfaction Study," regional firms, through more "proactive contact in managing customer accounts," receive higher satisfaction ratings than some of the major national brokerage houses. mark for My Articles similar articles
The Motley Fool
May 5, 2004
Phil Wohl
Legg Running in Stride On the surface, it appears that job growth and economic wellness are heavy on the minds of Americans. Yet, these same people are parking huge sums of money at brokerage firms such as Legg Mason, which continue to produce record results. mark for My Articles similar articles
BusinessWeek
October 30, 2006
Gene G. Marcial
A Legg Up Soon? When Legg Mason, the sixth-largest U.S. asset manager, plunged on Oct. 11, Steven Roge of Roge Partners Fund couldn't believe his luck. mark for My Articles similar articles
Registered Rep.
January 1, 2006
Kristen French
Legg Slims Citi Swap Ranks After Legg Mason and Citigroup closed their asset swap deal on Dec. 1, Legg announced in a regulatory filing with the SEC that it plans to cut some of the employees that came with the swap. mark for My Articles similar articles
The Motley Fool
March 21, 2007
S.J. Caplan
Legg's Anatomy Lesson Legg Mason's new branding effort seeks to distinguish its various appendages. mark for My Articles similar articles
Registered Rep.
October 2, 2006
Kevin Burke
Merrill Hands Over Mutual Fund Reins to BlackRock BlackRock, the nation's third-largest bond fund manager, said it has completed its takeover of the asset-management arm of Merrill Lynch; the union is one of the world's largest asset managers. mark for My Articles similar articles
The Motley Fool
December 20, 2006
Ryan Fuhrmann
Morgan Stanley Re-Discovers Itself The fully recovered financial-services firm no longer needs Discover. Investors, both firms will be worth keeping an eye on as key players in their respective industries. mark for My Articles similar articles
The Motley Fool
February 5, 2004
Selena Maranjian
Tax Strategies Did you know that you can (and should) deduct commissions paid to brokerages from your net capital gain for tax purposes? mark for My Articles similar articles
The Motley Fool
February 27, 2008
Matt Koppenheffer
Investing in Investors There's big business out there for asset managers, and big profits for people investing in asset managers. mark for My Articles similar articles
The Motley Fool
September 21, 2006
Ryan Fuhrmann
Motley Fool Double Take: Morgan Stanley Bulges Forward Morgan Stanley reported another strong quarter, but has all the easy money in the stock now been made? mark for My Articles similar articles
Registered Rep.
May 31, 2007
Kevin Burke
Wachovia Buys A.G. Edwards for $6.8 Billion, Creating New Rival to Merrill, Smith Barney The deal puts Wachovia among the top three competitors in retail brokerage -- in terms of both assets and advisors -- and retail banking. mark for My Articles similar articles
Registered Rep.
November 1, 2002
David A. Gaffen
Requiem for the $250K Broker Until recently, brokers were immune to the industry's downsizing, which has included a decimation of the ranks of investment bankers and the elimination of thousands of support positions. Brokers, it was assumed, covered their own costs by generating commissions and fees. Not anymore. mark for My Articles similar articles
Wall Street & Technology
November 29, 2004
Paul Allen
A.G. Edwards' Grand Plan Deal with Thomson Financial could raise costs in the short term, but it's all part of a long-term technology plan to simplify its infrastructure. mark for My Articles similar articles
Registered Rep.
July 23, 2008
John Churchill
Wachovia Earnings Down; Stock Up 27 Percent In Two Days While Wachovia Corp. was busy posting bad numbers, its two retail financial advisory units -- one for high-net-worth financial planning and the other for retail brokerage, including A.G. Edwards -- did relatively well. mark for My Articles similar articles
Registered Rep.
September 17, 2008
Geracioti & Touryalai
Morgan And Wachovia? The need for the kind of capital offered by customer deposits apparently is driving securities firms into the arms of banks. mark for My Articles similar articles
The Motley Fool
September 25, 2006
Anders Bylund
3 Stocks That Missed the Mark A peek at companies that over-promised and under-delivered: Biomet... A.G. Edwards... 3Com... mark for My Articles similar articles
The Motley Fool
February 11, 2008
Matt Koppenheffer
Earnings Stall at U.S. Global Investors It was a mixed second-quarter report for asset manager U.S. Global Investors. mark for My Articles similar articles
Registered Rep.
May 1, 2005
Chelsea Hardaway
A Random Walk Down Brand Street The corporate way of communicating has been so bad for so long, many of us have stopped caring altogether. A.G. Edwards: Finally, a brokerage firm that gets it. mark for My Articles similar articles
The Motley Fool
January 11, 2012
Shubh Datta
Region Financial's Morgan Keegan May Finally Be Sold Regions hopes to sell Morgan Keegan by next week. mark for My Articles similar articles
Registered Rep.
January 23, 2006
Kristen French
Morgan and BlackRock: Another Asset Swap? Rumors swirled late Friday and Monday that Morgan Stanley, the struggling Wall Street powerbroker, was looking to takeover BlackRock, the successful institutional money manager. mark for My Articles similar articles
The Motley Fool
October 12, 2006
Alex Dumortier
Legg Mason: Good Buy or Goodbye? For market participants who adopt a short time horizon, the decision to sell may be rational, but for value investors who aren't afraid to think in terms of years, rather than quarters, the sudden price cut of Legg Mason may create opportunity. mark for My Articles similar articles
Registered Rep.
July 21, 2005
Kristen French
On the Gossip Trail: Mack to Replace Schaefer--But With Whom? When Morgan Stanley announced that the head of its struggling retail brokerage unit was stepping down, Wall Street immediately began speculating about who will be chosen as his successor -- and what that successor might augur for the retail brokerage. mark for My Articles similar articles
Registered Rep.
November 1, 2006
John Churchill
A.G.E. to Catch a Rep Instead of buying brokers like its peers with offers of big upfront forgivable loans, A.G. Edwards is offering its own reps bonuses for successfully recruiting good reps. mark for My Articles similar articles
The Motley Fool
July 30, 2007
S.J. Caplan
Legg's Achilles' Heel Legg Mason reports first-quarter earnings. The firm can't fully hit its stride as long as equity underperformance remains Legg's Achilles' Heel. mark for My Articles similar articles