Top management at H&R Block Inc., parent of H&R Block Financial Advisors Inc., allegedly turned up the heat and threatened a senior executive in the middle of an acrimonious dispute over compensation, according to an arbitration complaint that led to a $4 million award to the executive last month.
Several wirehouse firms have begun pushing their financial advisers to talk to clients in more depth about health care issues in retirement, but at least one firm, UBS Financial Services Inc., is avoiding the topic because of liability concerns.
The big hit clean energy stocks have taken this year is just an expected correction, not the end of a fad, green-investing advocates say.
Competition is heating up in the normally sedate world of portfolio re-balancing software.
A slight January increase in personal income was overshadowed by rising inflation, according to the Commerce Department.
MBIA is bracing for more write-downs and Ambac has been given more time to justify its triple-A rating from Moody’s.
The Labor Department will soon release guidelines detailing how advisers may give direct counsel to clients about IRAs.
FMR, the parent company of Fidelity, reported a 15% increase in assets under management for 2007.
The Dow Jones lost more than 300 points after the insurer reported dismal quarterly results.
Investors have seized two Bear Sterns hedge funds, in hopes that they will gain a chance to meet the company in court, according to the Financial Times.
