Demand for "green" investing is growing, studies show, but opinions vary widely on what makes an investment green.
Personal spending increased 0.8% in June, marking the steepest one-month gain since a 1% increase in February 1981.
With operational costs growing and financial advisers in short supply, the demand for talent has put the value of young financial planners at a premium, according to industry guru Mark Tibergien.
The Vanguard Group Inc.'s handling of its lackluster U.S. Growth Fund threatens to tarnish the company's reputation for putting investors first.
For the first time in almost a decade, American Funds plans to launch a new equity fund.
As fallout from the mortgage crisis leads to tighter restrictions on lending, some financial advisers are finding opportunities to fill a void for their clients by entering the lending business.
HSBC's net income for the first six months was down 29% at $7.7 billion, compared with $10.9 billion a year ago.
Adviser confidence in the economy and stock market dropped even further last month, according to Rydex AdvisorBenchmarking Inc.'s Advisor Confidence Index.
Some financial advisers are finding that outsourcing most of their day-to-day tasks, including many administrative duties, saves time and is cost-effective.
If there is an upside to rising energy prices, it might be the increased awareness among consumers and retail investors of commodities and the effect they can have on the economy.
