The number of advisers and brokers considering switching firms was on the rise last year.
While more money flowed into Janus Capital Group's mutual funds in 2007 than out - an occurrence not seen since 2000 - advisers are skeptical about whether the once-troubled fund company has regained its footing completely.
Variable annuities with guaranteed-minimum-withdrawal benefits allow investors to reduce risk and increase retirement income, according to a recent study.
Saving a sufficient amount of money for retirement was the top concern of clients in a recent survey of accountants who provided financial planning services.
The rich are different from you and me, according to F. Scott Fitzgerald.
The forces that drove the retirement marketplace in 2007 — the automatic enrollment and default option provisions of the Pension Protection Act of 2006, the aging baby boomers and a focus on the rollover market — will continue to shape product launches this year.
In January, 74,986 American workers were laid off, an increase of 69% from December’s total of 44,416.
Raymond James' asset-management unit and its bank could be worth close to $4 billion, according to Barrons.
Strong earnings and sound investment portfolios will keep the life insurance industry stable this year, according to Moody’s Investors Service.
If Charles Massimo had it to do all over again, he still would choose to leave Smith Barney and become an independent broker.
Despite a tough stock market and a $3 million bond write-off, Ameriprise Financial Inc. managed to increase its earnings substantially last quarter — thanks in part to sales of proprietary products.
Operational complexity was identified as the second-leading factor holding back the growth of 529 plans.
U.S. employers cut 17,000 jobs in January, according to a report released by the Department of Labor.
Democrat leaders hope to add changes the House’s $146 billion version, but acknowledged they do not have 60 votes necessary to do so.
The factory sector grew in January, marking the 75th straight month of expansion according to the latest ISM report.
Net income for the New York Mercantile Exchange increased 50% to a record $63.5 million in the last quarter.
The American Council of Life Insurers has added James Szostek as the director of pensions in the taxes and retirement security department.
The firm’s parent company, National Financial Partners, will replace Jeff Montgomery from within.
Sales by advisers were rated the most effective method of marketing 529 plans, according to a survey.
