In many senses this reflected an appropriate interpretation of banking advisors as sales agents.
You'd imagine that it's little more than watching people walk in, serving them a drink, seeing them lose a load of money and then finally stumble out while trying to figure out what to tell their bank advisor.
And it's kind of the opposite of everything I've ever done because we've always been very upscale investment banking, financial advisor-oriented.
As consumers of financial services products, start to demand that your bank, investment advisor and brokerage join this movement.
The Government Accountability Office is restricted in its ability to audit the Fed; the Fed enjoys critical exemptions from the Freedom of Information Act, and the banking industry advisors (the Federal Advisory Council) are allowed to meet behind closed doors and not report on what they are doing.
A party at tech-focused investment bank Code Advisors, where attendees can expect to run into venture capitalists, will have John Mayer playing.
Fresh off helping Verizon buy Yahoo for $4.8 billion, the boutique investment bank LionTree Advisors has added a senior banker to its organization.
"All financial sector stakeholders [including] government, regulators, banks, insurers, advisors, and labour, etc, have a role to play in financial literacy," Goodspeed of the National Treasury said.
Fortune, which was the first to report the news, noted earlier that Ms. Swisher and Mr. Mossberg had hired the investment bank Code Advisors to find outside investors to support a move to become independent.
