Hold on…this is NOT crisis time. The downgrade was signaled three months ago when S&P declared its long-term outlook on U.S. debt as “negative,” and the financial markets have known for a long time that the U.S. financial house was not in top condition. So, what supports the minimal effect on banks of a downgrade [...]
Schwab Expands With Franchise Plan
July 1, 2011 By Leave a Comment
It looks like Schwab is not wasting time in opening franchises with independent contractors. In fact, the San Francisco based broker is making five-year deals with dozens of financial advisors, and hopes to have between 5 and 10 opened by year’s end. According to RIABiz, Schwab has received interest from more than 100 advisors and [...]
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