Waddell & Reed, Inc. Adds Five Financial Advisors

Waddell & Reed, Inc. recently added five independent financial advisors, with assets totaling nearly $250 million, to its national network. These associations reflect the firm’s ongoing strategy to grow its team of experienced advisors and expand coverage nationwide. Ron Galen brings a trailing 12-month total gross revenue exceeding $359,000. He has been an advisor for 27 years, most recently affiliated with J.W. Cole Financial, Inc. Galen works in the Los Angeles, California, area. Jim Summers...

Ideanomics’ MEG Sales Subsidiary Receives Investment from Qingdao City at 2 Billion RMB valuation

Ideanomics, (NASDAQ: IDEX) (“Ideanomics” or the “Company”), has today announced that its MEG Group subsidiary Qingdao Mobile New Energy Vehicle Sales Co. Ltd. has received an initial investment of ¥50 Million RMB (approx. $7.2M US) from Qingdao Xingyang City Investment Co., Ltd. as part of a series of investments valuing the subsidiary at ¥2 Billion RMB (approx. $288M US). The follow-on investments will come as the newly formed MEG-owned sales group realizes sales targets of ¥10 Billion RMB per additional investment tranche of 50...

Kasasa’s Insights Show Social Media Presence Essential to Deep Consumer Engagement

Kasasa®, an award-winning financial technology and marketing provider, verified the importance of leveraging digital marketing as essential to improving financial institutions’ customer experience and shortening the sales cycle. With consumers spending two and a half hours on social networks and social messaging every day, social media must be a key focus within a financial institution’s digital marketing strategy. If 88 percent of people trust online reviews as much as they trust recommendations from personal contacts, as this data shows, then...

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