Scrutiny over whether broker-dealer representatives are employees or independent contractors is heating up again in California as a bill works its way through the state Legislature that would punish firms for willful misclassification
Female retirement plan participants appear to display a greater inclination to place assets in target date funds than in target risk funds
Employment status debate resurfaces in California, a labor-law bellwether. More good news? B-Ds may be a very tempting target for cash-strapped states
Who'd a thunk it? Life insurers, now cash-rich, have rebounded nicely from the financial crisis. But their shares are still cheap compared with those of banks, analysts say.
Investors prefer to get their retirement income plans in writing, but advisers tend to back away from giving clients a detailed blueprint, a Fidelity Investments survey has found.
David Blain's practice was five years old when he realized it was time to turn it from a one-man band into a quartet.
Sheila Chesney can tie her practice's evolution directly to technological advancements that brought her from using her phone and e-mail as primary forms of communication to video calling.
Aviva Life and Annuity Co. late last month filed suit in federal court against a handful of life insurance agents, claiming that they fraudulently sold coverage to some 119 church members
Two weeks ago, John Thiel took over for Sallie Krawcheck at Bank of America Merrill Lynch. Today, the wealth management boss rejiggered the entire operation. His goal? To get more support to advisers.
