When computers manage the portfolio, the first challenge is often preventing the human brain from getting in the way.
The unveiling of the revised Internal Revenue Service Form 5500 comes with both relief and trepidation.
Raymond James Financial Inc. of St. Petersburg, Fla., last month rolled out a series of research reports on variable annuity riders designed to help its reps sort through the confusing array of products.
More advisers are turning toward fixed-income annuities as a new asset when they create retirement plans for their baby boomer clients.
Investment advisers can thank the 2006 Pension Protection Act for giving them a new opportunity.
Bear market mutual funds have come out of hibernation. For the 30 days through last Monday — the day major stock market indexes ended 10% down from their October peaks, signaling a market correction — the bear fund category had risen 11.27%, according to Morningstar Inc. of Chicago.
Crude-oil prices may be skyrocketing, the dollar plummeting and housing sinking, but money matters will be of great importance to only 17% of Americans when they make their New Year's resolutions for 2008, according to a survey conducted by Country Insurance and Financial Services of Bloomington, Ill.
Josh Brooks, chief investment officer for large-cap equities at Putnam Investments, is leaving the firm.
Morgan Stanley co-president Zoe Cruz is the latest casualty of the mortgage crisis, leaving after 25 years at the firm.
