Cetera advisers take their message to the small screen

Women are getting another way to learn about managing their money on Lifetime channel’s “The Balancing Act.”

Starting in August, the show will feature Catherine Bonneau, president and chief executive of Cetera Financial Institutions, and Carina Diamond, managing director of SS&G Wealth Management and an adviser at Cetera. The co-hosts will discuss money issues and give advice for how women can plan ahead.

“I found it to be a very approachable format, one that you can envision that women would easily engage with for both entertainment and learning opportunities,” Ms. Bonneau said. “It just helps build awareness that women can exchange ideas for other women.”

via Cetera advisers take their message to the small screen.

Baird snatches Wells Fargo adviser with $350M in AUM

Robert W. Baird & Co. Inc. has added a top broker from Wells Fargo and a new director to its Houston market.

Gary Foose Jr. joins the firm as a director and financial adviser in Houston with $350 million in client assets and $1 million in annual production.

“Gary’s a high-integrity guy. He’s been in the business 25 years and has a loyal client base,” said Jarrett Kovics, regional director for Baird’s private wealth management business.

Craig Young, previously a branch manager at UBS Financial Services, has been named director of the Houston market. He will oversee Baird’s two local wealth management offices.

via Baird snatches Wells Fargo adviser with $350M in AUM.

Bear Stearns figure Alan Greenberg dies

 

Alan “Ace” Greenberg, who presided over the expansion of Bear Stearns before its collapse helped precipitate the 2008 financial crisis, has died at 86, The New York Times reports.

As CEO of the Manhattan-based investment bank from 1978 through 1993, Greenberg expanded the number of employees from 1,000 to 6,300. Shareholders’ equity reached $1.8 billion by the time he stepped down as chief executive, after which he stayed on as an equities trader.

The Times cites Greenberg’s son as saying Greenberg died of complications from cancer.

Known as “Ace” on Wall Street, Greenberg was an avid bridge player with affinity for magic tricks, that headed Bear Stearns as CEO from 1978 to 1993, before handing the reigns of the firm over to James “Jimmy” Cayne.

via Bear Stearns figure Alan Greenberg dies.