John Jerry Inskeep Jr., co-founder of Columbia Management Co., the first mutual fund firm in Oregon, died Aug. 16.
A retired Michigan couple has filed a securities arbitration claim against Merrill Lynch & Co. Inc. alleging that improper sales practices led to a loss of $650,000 — the latest example of what some securities lawyers see as a rising tide of claims involving the preferred stock of financial firms.
More banks are expected to fail by the end of the year, but analysts still expect their stocks to continue to gain value.
Lipstick sales are down — good news for those who see cosmetics sales as a leading economic indicator.
Meredith Whitney Advisory Group LLC has announced that it has wrapped up its purchase of Seegal Benson Leucadia Securities LLC, a New York-based broker dealer.
The number of advisers moving from one wirehouse to another reached a nine-month low last month, according to data compiled by the Discovery-RR Database.
A retired Michigan couple has filed a securities arbitration claim against Merrill Lynch & Co. Inc. for sales practices that allegedly led to a loss of $650,000.
For green investors, patience is not only a virtue, it is a source of profits.
Although women constitute a significant amount of global spending, many feel that they are underserved by businesses, particularly in the investment industry, according to a recently released survey from The Boston Consulting Group Inc.
Although Putnam Investments' decision to lower the management fees for some of its mutual funds — and to link its fees on others to performance — didn't go unnoticed by financial advisers, many say that they will hold off putting their clients' money into Putnam's funds until they see signs of improved long-term performance
