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Insurance

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Feds charge Schwab with misleading investors

The Securities and Exchange Commission (SEC) yesterday charged Charles Schwab Investment Management (CSIM) and Charles Schwab & Co. Inc. (CS&Co.) with making misleading statements regarding the Schwab YieldPlus Fund and failing to prevent the misuse …

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FBL Financial Group to announce fourth-quarter earnings

FBL Financial Group Inc. will announce its fourth-quarter 2010 earnings after the close of U.S. markets on Feb. 3. The fourth-quarter earnings release and financial supplement will be posted on the FBL website (www.fblfinancial.com) at …

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Wells Fargo acquires JFK

Wells Fargo Insurance Services USA Inc. announced today that it acquired Overland Park, Kan.-based JFK Consulting Group LLC.

The acquisition closed on Nov. 29. Terms of the transaction were not disclosed. JFK Consulting provides employee …

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If it’s in a can …


Dear Mr. Berko:

I bought 50 shares of Ball Corp. in 2001 at $80 and now have 200 shares with a profit of more than $9,000. What do you think of this company? My broker …

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In past year, FBL has ‘come a long way’


Jim Hohmann doesn’t expect that his employees at FBL Financial Group Inc. will give their “best efforts.” He demands “all efforts.”

“When I talk to our employees and I talk about accountability, part of my …

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Syverson Strege adopts more active management approach


Lance Gunkel and his colleagues at Syverson Strege & Co. were frustrated by the market’s wild swings over the past two years, and so were their clients.

“The clients were understandably upset being told, ‘Just …

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Local financial advisor wins national award

Matt Fryar of Wells Fargo Investments LLC was named Bank Investment Consultant magazine’s top bank representative in its Top 50 survey released today.

Fryar works at Wells Fargo’s Des Moines office. Bank Investment Consultant produces …

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McGladrey named top accounting firm

Bloomington, Minn.-based RSM McGladrey Inc. has been named M&A Advisor’s 2010 Accounting/Due Dilligence Firm of the Year.

The M&A awards honor excellence in deal-making, according to a company press release. McGladrey was one of 234 …

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Schipper named superintendent of banking division

Jim Schipper has been named superintendent of the Iowa Division of Banking by Gov.-elect Terry Branstad.

Schipper has been a member of the Iowa Bankers Association for the past 20 years, serving as a board …

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Unemployment applications down in December

Fewer Americans filed applications for unemployment benefits in December, according to statistics from the U.S. Department of Labor.

The average number of applications dropped to 410,750 per week, the lowest level since July 2008. Claims …