http://www.richmondbizsense.com Richmond's Homepage For Business News Thu, 09 Feb 2012 23:46:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.richmondbizsense.com/2009/11/19/wealth-advisors-strike-out-on-their-own/ http://www.richmondbizsense.com/2009/11/19/wealth-advisors-strike-out-on-their-own/#comments Thu, 19 Nov 2009 11:59:09 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=13437 Here’s a trend to watch for small businesses around Richmond that worked with the now-departed Wachovia Securities: Wealth advisors continue leaving big banks and investment firms to run their own wealth management businesses. And most of their investment approaches are similar: trying to help wealthy clients find steady returns. That means likely no home runs, but hopefully no blow-ups, either]]> http://www.richmondbizsense.com/2009/11/19/wealth-advisors-strike-out-on-their-own/feed/ 0 http://www.richmondbizsense.com/2009/07/22/rules-changing-for-the-money-management-game/ http://www.richmondbizsense.com/2009/07/22/rules-changing-for-the-money-management-game/#comments Wed, 22 Jul 2009 11:09:32 +0000 David Larter http://www.richmondbizsense.com/?p=9691 Customers across the board expect lower prices, and in the wealth management game, that means lower fees. On the plus side, many of the smaller firms in town say they are successfully luring away clients who formerly worked with larger financial advisors. ]]> http://www.richmondbizsense.com/2009/07/22/rules-changing-for-the-money-management-game/feed/ 0 http://www.richmondbizsense.com/2009/02/23/wachovia-securities-to-get-new-name/ http://www.richmondbizsense.com/2009/02/23/wachovia-securities-to-get-new-name/#comments Mon, 23 Feb 2009 19:29:20 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=4960 First Wachovia Securities departs Richmond. Now the firm is doing away with its name all together. According to the Jacksonville Business Journal, Wachovia Securities will be renamed Wells Fargo Advisors in May]]> http://www.richmondbizsense.com/2009/02/23/wachovia-securities-to-get-new-name/feed/ 0 http://www.richmondbizsense.com/2008/04/03/auction-rate-insecurity/ http://www.richmondbizsense.com/2008/04/03/auction-rate-insecurity/#comments Thu, 03 Apr 2008 15:02:06 +0000 admin http://www.richmondbizsense.com/?p=2331 At least three Richmond investment firms are having trouble retrieving client money from investments that were thought to be short-term and low-risk. Individuals and businesses that invest with Davenport & Company, Charles Schwab and Wachovia Securities might be unable to access money from certain mutual funds that invest in municipal bonds, also known as auction-rate ]]> http://www.richmondbizsense.com/2008/04/03/auction-rate-insecurity/feed/ 0