Ameriprise Financial Inc. has experienced the defection of another top representative, this time a leading producer in its franchisee group, to LPL Financial.
The Greenwich Global Hedge Fund Index returned 0.61% in December and gained 11.15% in 2007.
Compliance spending grew an average of 159% from 2002 to 2006, according to a report.
Many financial advisers are in a mood to buy stocks despite the drubbing their portfolios have taken in the first few trading sessions of 2008.
Employee plaintiffs are lining up to sue the major brokerage firms over losses in company stock.
Two of the Section 529 college savings plan industry's most sought-after contracts up for renewal this year have been taken off the table, leaving Michigan as the biggest prize for ambitious program managers in 2008.
Van Eck Global launched trading of the Market Vectors–Coal ETF on the New York Stock Exchange today.
The Financial Industry Regulatory Association encourages investors to check on the professional backgrounds of brokers by using its BrokerCheck system.
As 2008 gets under way, publicly traded money manager stocks' ability to hold up to the market pressure that felled other financial services stocks last year is being questioned.
With the purchase, NYSE Euronext hopes to further improve their connectivity, transaction and data-management solutions.
