When Dain Rauscher Inc. bought Minneapolis neighbor Wessels Arnold & Henderson LLC four years ago, it thought it also was snagging all the top executives of the investment bank, known for its technology deals.
Experts say investors can loosen the binds of their restrictive UGMA or UTMA accounts and get into a 529 — with a few caveats.
Cash positions in some equity portfolios are rising as cautious portfolio managers are put off by the poor economy.
Sellers of financial planning practices increasingly want to retain a piece of the action to capitalize on the growth potential of their old businesses.
As more and more people turn to financial advisers to map out their own futures, they're increasingly asking them to draw up plans for their pets as well.
A deteriorating economy and the prospect of a prolonged bear stock market spell further profit pressure for insurers.
After the attacks on the World Trade Center and the Pentagon, the telephones fell silent, says Phelps McIlvaine, whose company advises two mutual funds geared toward Muslims.
Some investors already reeling from the broad stock market slide are about to discover more bad news in this year's crop of mutual fund annual reports: higher management fees and expense ratios.
The door may be closing on the opportunity to buy term life insurance at low rates, just as last month's terrorist attacks at the World Trade Center and the Pentagon may prompt many consumers to reassess their financial and insurance plans.
The National Association of Personal Financial Advisors is planning to take off in a new direction now that Steven P. Kanaly is at the controls.
HighMark Capital Management is refocusing its investment strategy and looking outward for help.
When a bloated William Blair & Co. recalled former managing partner Edgar D. Jannotta to active management in March, it said so in a three-sentence blurb issued to the press at the unfashionable hour of 6:29 p.m.
With so many wealthy, qualified and bewildered ex-dot-comers out of work, so-called pink-slip parties are all the rage in such cities as San Francisco and New York. But a soiree at Hush in New York Thursday turned into a meet-and-greet for financial planners.
