After two disastrous years in a row, brokerage industry observers say something akin to normalcy may return this year.
A 2007 memo from director of investments Gary Stringer questions the asset-backed bets in one of the firm's bond funds. 'Mr. & Mrs. Jones don't expect that kind of risk.'
Many real estate funds sold to institutional investors are charging too much, according to consultant Towers Watson & Co.
Large adviser teams at wirehouses control, on average, 80% of their firm's assets, and about a third of the industry's total adviser-managed assets, according to Cerulli Associates Inc.
Finra has opened up its checkbook to lobby Congress for authority over investment advisers.
The natural-resources sector may still be a winning bet, despite concerns that the prices of stocks focusing on commodities and resources have run up too fast in an economic environment where demand is still slack and inventories remain high.
With the U.S. dollar staging a surprising rally, investors who have piled into foreign stock and bond funds may get burned, some market watchers say.
A former SunTrust Robinson Humphrey broker has won $4 million in a defamation claim against the firm.
