Diane Mix Birnberg, president of Chicago-based Horizon Cash Management LLC, didn’t plan it this way.
Schwab Institutional will provide free portfolio re-balancing software to financial advisers who use its custody services.
China’s involvement with Africa has skyrocketed in recent years, and it is forcing U.S. investors to re-examine their views on the continent as an investment destination.
Many young advisers have taken it upon themselves to pave their own path into the financial advice industry.
Despite widespread incredulity from the public about the weird details of hotel empress Leona Helmsley’s will, some advisers know that bizarre bequests are not uncommon, having watched their own clients seek to rule their families from beyond the grave.
The sudden burst of stock market volatility this summer has sparked a finger-pointing exercise that assigns much of the blame to an obscure rule change that makes it easier for traders to sell stocks short.
In a marketing and business coup, Pershing LLC has hired Mark Tibergien, a leading consultant in the financial advice industry.
Financial crises may come and go. Today’s highflying stock may be tomorrow’s dog. But through it all, the quest for practical, if not perfect, financial planning software has been a constant that left irritated advisers reaching for the Prozac.
The subprime-mortgage crisis, pushed along by the high-profile collapse of two Bear Stearns Cos. Inc. hedge funds this summer, is turning out to be a boon for money managers looking to pick up bargains.
Market strategists and advisers are closely watching the equity markets for what may be a fundamental shift in favor of large-cap and growth stocks.
