Stocks pushed higher for a third day after a report that home sales were surprisingly strong last month.
John Healy has resigned his position as chief executive of the National Association of Insurance and Financial Advisors, the organization announced today.
Sen. John Kerry of Massachusetts will look at whether financial advisers should continue to be classified as independent contractors.
Total assets in target date funds will grow to $2.6 trillion by 2018, attracting 80% of new and reallocated flows into defined-contribution plans for the next decade, according to a projection in a recent Casey Quirk & Associates LLC report.
Many of your retired clients are discovering that their accumulated savings are insufficient to meet their current expenses, which translates into a need for more retirement income.
State Street Corp. said Tuesday its third-quarter profit rose but warned its business in the second half of 2009 is weaker than previously expected as it is collecting fewer transaction fees.
The United States will avoid a “double dip” recession, with real gross-domestic-product growth topping 2% next year, according to Standard & Poor's Corp.
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010. They also see businesses increasing their spending next year.
In the wake of recent disastrous blowups of high-commission private placements, some broker-dealers are anxious about whether their advisers should sell the offerings.
But use of commodities and absolute-return strategies appears to be universal, according to a survey from Rydex Distributors
The stock market drifted Friday as traders did some quarterly housekeeping and moved into technology stocks after two of the industry's big names said business was improving.
Stock futures are indicating a higher opening Friday on Wall Street following better than expected earnings reports from the technology sector.
The scent of money that drew many professionals to jobs on Wall Street has been dissipating, according to a survey of out-of-work finance folk.
ICAP Securities USA, the U.S. division of a big British brokerage, agreed Friday to pay $25 million to settle federal regulators' charges that it deceived customers by displaying thousands of phony trades in U.S. Treasury securities on its screens.
A judge in Los Angeles Superior Court pushed back a lawsuit against AIG from a financial planner who once worked for an AIG broker-dealer.
The stock market is mistakenly seeing the glass as half empty, says Uri Landesman, head of global growth at ING Investment Management Americas. He cited the stock market's negative start today as evidence of “some cross-currents” that might have investors confused and conflicted.
The stock market rally has gone too far too fast, and on too little real economic recovery, claims Tom Samuels, manager of the Palantir Fund (PALIX), a global long/short fund from Palantir Capital Management Ltd.
