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Legg Mason

Gasparino: Goldman looking to grow asset, wealth management

FBN’s Charlie Gasparino with exclusive details on Goldman Sachs’ plans to grow its wealth management business.

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  1. Hits and Misses in 2013 Predictions

    Which experts were right, and who was wrong, in their predictions for 2013? This year's roundup follows,  but keep this in mind as we check the winners and losers in...

  2. From NFL to Managing $2 Billion on Wall Street

    Ex-New England Patriots’ cornerback Eugene Profit founded investment management firm Profit Investment Management once he retired from football.

  3. How to Get the Most of 529 College Savings Plan

    With college tuition prices rising around 5% to 7% a year, the sooner you start to save for your children's higher education the better."The cost of college is skyro...

  4. Earnings Season Revs Up Next Week

    Investors will have their hands full digesting company earnings next week, the busiest of the second quarter reporting season. Nearly one-third of the companies that...

  5. Legg Mason 4th-Quarter Profit Down 62%; Stock, Bond Funds Lose $3 Billion

    Legg Mason Inc. (LM) posted a 62% decline in fiscal fourth-quarter profit, hurt by costs to cut office space and capping a money-losing year for the Baltimore money ...

  6. Legg Mason Net Income Falls in 4Q

    Asset manager Legg Mason Inc on Tuesday said its profit fell sharply in the three months ended March 31, driven down by real estate losses.The results are the first ...

  7. Exclusive: Wells Fargo cuts approved list of money managers

    Wells Fargo & Co is slashing an approved list of money managers and investment vehicles that its stockbrokers market to the firm's wealthy clients, a change of direc...

  8. Legg Mason may cut funds, offices: CFO

    Legg Mason Inc may trim the number of funds it offers and offices it operates, but does not expect major cost-cutting like that begun in 2010, the asset manager's ch...

  9. Legg Mason CFO says firm may cut funds, offices

    Legg Mason Inc's chief financial officer said the Baltimore fund firm may trim the number of funds it offers, and the 32 offices it operates, but does not expect maj...

  10. Why Families Aren't Saving Enough for College

    The seemingly-endless rise in college tuition along with the unstable economic recovery and stagnate wages has made the battle to save for college tough on families....

  11. Interim CEO Takes the Helm at Legg Mason

    Asset management firm Legg Mason (NYSE:LM) announced on Wednesday that interim chief executive Joseph Sullivan will serve as CEO, ending a search that began last yea...

  12. Exclusive: Legg Mason to name Sullivan permanent CEO - sources

    Asset manager Legg Mason Inc is preparing to name its interim head, Joseph Sullivan, as permanent chief executive, said two people familiar with the matter.Sullivan,...

  1. GoPro a no-go?

    FBN’s Liz MacDonald on analysts questioning GoPro’s valuations.

  2. Does June jobs report impact Fed’s timeframe on interest rates?

    JMP Securities President Mark Lehmann, Intrepid Capital Management CEO Mark Travis, Tethys Partners Chief Market Strategist Bob Iaccino and FBN’s Nicole Petallides on the markets and the jobs report.

  3. GoPro gives back gains

    FBN’s Liz MacDonald tracks shares of GoPro.

  4. Gabelli’s tips for investing

    Gabelli Funds CEO Mario Gabelli talks the markets and M&A deals.

  5. Will Yellen become more dovish?

    Hedgeye Risk Management CEO Keith McCullough gives his outlook for the Fed and markets.

  6. Mondelez Adds Activist Nelson Peltz to Board

    Avoiding a potential proxy fight, global food giant Mondelez International (NASDAQ:MDLZ) announced a deal on Tuesday to add activist investor Nelson Peltz to its boa...

  7. Why we dumped our position in Avon

    The Covestor Ironwood SMID Cap Value portfolio had a good December, rising about 2%. In December, the strategy had strong gains in our financial and healthcare stock...

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