Because of the market volatility of recent days, determining which hedge funds will perform well is as difficult a task as it has ever been.
If an investor had invested $1,000 in the Pioneer Fund when it was launched in 1928, his or her heirs would be millionaires today.
Mark R. Fetting thinks that he can hit the ground running as the new president and chief executive at Legg Mason Inc.
Sen. Hillary Clinton's bid for the White House may rekindle momentum behind a bill she co-sponsored last year that would offer a tax break on some annuities, according to a retirement trade group.
Complying with new 401(k) fee disclosures will be an arduous task, said a number of leading attorneys.
A broker who was recently booted from the securities industry has cost Next Financial Group Inc. and Raymond James Financial Services Inc. dearly — with the two firms paying out almost $850,000 to settle cases involving clients who got burned.
“This will create one platform and one-stop shopping for broker-dealer customers,” said Incapital CEO Tom Ricketts.
Investors often ask me why an exchange traded fund they own paid a big gains distribution. The answer is simple, but the lessons can affect the advice you give your clients.
Total brokerage client assets reached a record $1.99 trillion, a 17% increase from the previous year.
A new mutual fund is purchasing alternative investments — a strategy designed to defy market volatility when stock and bond prices are plunging.
