Scudder Kemper Investments has received permission from the Korea Development Bank to co-manage a corporate restructuring fund that will finance small- and medium-sized Korean businesses. Scudder Kemper Investments will invest approximately $250 million of the closed-end Corporate Restructuring Fund in equity and fixed-income securities of small and medium-sized Korean companies.
Retiree confidence surged in early 2025, an EBRI survey found. But those positive feelings may not withstand current market conditions.
As LPL fights to keep teams in the fold, competitors are making strong plays and pointing to the large brokerage's perceived blemishes. The founders of KRM Investment Counsel said they also found what they wanted at Arkadios, an employee-owned firm.
Jim Cracchiolo told analysts that the firm's retention "is quite good," even though his company, like many of its rivals, stopped providing statistics to verify such claims.
CEO Paul Shoukry also told analysts that the merger and acquisition deals coursing through the industry could open doors for firms eager to bring in advisors and net new assets.
In our final installment on broker compensation in 2025, learn which firms are paying advisors with $2 million in annual revenue the most.
The headache of filing dozens of state or international returns due to the so-called jock tax comes with opportunities to tap into savings, experts say.
