The escalating battle between A.G. Edwards & Sons Inc. and Stifel Financial Corp. is now in the courts.
Investors and financial advisers should take the Federal Reserve Board’s monetary policy into account when making portfolio allocation decisions, according to a new academic study.
With the help of financial advisers, baby boomers are putting more money into donor-advised funds.
Given the voracious appetite of broker-dealers, there simply aren’t enough big-producing brokers available for recruitment, according to a new industry report.
Securities and Exchange Commission officials are drafting a document that defines suitability as it relates to the sale of securities. “The document is an extensive and comprehensive view of securities and case law in this area,” including some useful examples, Erik Sirri, director of market regulation, said at the SEC’s second annual Seniors Summit.
A generation gap between younger and older financial advisers is widening around the issue of career growth for those who are newer to the profession, observers say.
Variable annuities, once the misunderstood child of the financial planning industry, are finding a new place in advisers’ hearts now that distributors are guiding them through the products’ complexities.
With a recently passed law, the Department of Defense has declared war on bogus financial advisers.
TD Ameritrade began sending apology letters to most of its clients after a hacker stole vital information.
Merrill Lynch has adjusted the value of some investments suffering from the subprime-mortgage market.
