Advisers, hungry for market information in this troubled environment, are turning to asset managers for help.
Insurance agents are blasting a controversial Securities and Exchange Commission proposal to classify equity index annuities as securities.
Mutual funds and exchange traded funds that make dollar bets continued to turn in great returns last week despite concerns among some industry watchers that an eight-month U.S. dollar rally is winding down.
National Financial Partners Corp., the amalgamator of financial planning firms whose shares have plunged 90.7% in the past 52 weeks, is renegotiating its bank credit lines, suspending its dividend and share buybacks and temporarily ceasing acquisitions as it and its constituent firms continue to struggle.
The stock market historically has risen more during the first year under Democratic presidents than the first year under Republican presidents, according to data released last month by Savant Capital Management Inc.
Broker-dealers, registered representatives and advisers could be on the hook if they sell products from major carriers whose risk-based capital is crumbling, plaintiff's attorneys say.
More than half of employers that offer "unbundled" 401(k) plans intend to add to their lineup of investment options over the next year, according to a new report.
Financial services companies continue to increase their technology spending despite rocky markets and an anemic economy.
Plaintiff's attorney Bill Gladden thought he had handled his last investor arbitration case when he retired in February. But a flood of claims arising from the $2 billion blowup of the Regions Morgan Keegan Select bond funds pulled him back into the legal fray.
Once again, it is about the plumbing.
