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A conversation with USAA's Paul Vincent
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Among the new recruits is an 11-person team.
December 30 -
Self-directed brokerage accounts at the firm hold about 20% of their portfolios in cash.
November 19 -
Because of bank sweeps, veterans and their families' accounts will default to a 26-basis point APY on cash — down from the 1%-2% returns they were getting from money market funds.
July 31 -
About 350 employees at USAA may lose their jobs due to the deal.
July 25 -
The brokerage may pay about $2 billion for the additional advisory clients, according to reports.
July 15 -
Slower economic growth and increased market volatility have investors seeking large companies with healthy balance sheets.
January 10 -
Its purchase includes the manager’s mutual fund and ETF businesses.
November 15 -
Recently, higher interest rates and stock market volatility have undermined gains.
November 14 -
The good times in munis aren’t likely to last as the Fed’s push to boost interest rates will hamper future results, an expert says.
November 7
