Financial advisers are bulking up their resources — and bracing for client complaints — as they prepare for the Jan. 1 deadline to begin complying with new cost basis rules.
FBR Capital Markets downgraded The Charles Schwab Corp. last week on concerns that the company could face more litigation from investors.
If you ever wanted proof that rational economic man is a myth, look no further than the pricing of financial services.
Over the last six months, The Charles Schwab Corp. has seen flows from individual investors in exchange-traded funds surpass flows from registered investment advisers, marking the first time ever this has happened.
Buddy Donahue -- the 'driving force' behind the SEC proposal on fund fees -- is leaving the agency. The upshot? The final rule may look a whole lot different than the current model.
The SEC's announcement last week that its top official overseeing the mutual fund industry will leave in November caught many by surprise.
Invesco Ltd., the Atlanta-based investment management company, has been sued by a Boston-based trust claiming infringement of its trademarks for exchange- traded funds.
Adam Bold, chief investment officer of The Mutual Fund Store, thinks that all the talk about exchange-traded funds is just hype
Some providers of target date options in defined-contribution plans are adding alternative investments ranging from commodities and Treasury inflation-protected securities to real estate investment trusts and master limited partnerships
Bruce Berkowitz is the founder and managing member of Fairholme Capital Management LLC, and is president and a director of Fairholme Funds Inc.
U.S. stocks, as measured by the S&P 500, are up 15% in the three and a half months since the beginning of the second half of 2010
Vanguard reduces its rake for two million customers. The move, says one fund industry watcher, 'puts some heat' on rival Fidelity.
Brokerage TD Ameritrade has begun offering commission-free ETF trades on more than 100 different funds that have bee chosen by Morningstar.
State security officials say they're ramping up oversight of leveraged and inverse exchange traded funds. The chief worry? Brokers themselves may not understand how the complex products actually work.
American Funds, which is a unit of The Capital Group Cos. Inc., has come out with only two mutual funds in the past decade. The new offering, called the American Funds Global Balanced Fund, is set to make its debut Feb. 1.
Retirement plan advisers and record keepers should have an out, the groups contend
Newsletter editor skewers firm's handling of U.S Growth Fund
Famed investor looks to gain more flexibility with latest Fairholme offering. Says one industry watcher: “It's like going back to the days of old with a mutual fund that will make you money by going anywhere."
The SEC says it's targeting 12(b)-1 fees to help protect investors. Meanwhile, soft dollars fly under the radar. Critics say that needs changing.
