The November rise marks the largest monthly increase in two years, according to a Department of Labor report.
The insurance trade groups will join under the umbrella of LL Global but each will keep its name.
Jason Kavanaugh, who purchased the shares, is an executive with Questar Capital Corp.
The wealth-management firm will launch an open-architecture platform with O.N. Investment Management Co.
The Hartford announced today that it is purchasing Boston-based Sun Life Retirement Services Inc.
A 37-year veteran of the life insurance industry, Daniel J. Toran, 59, spent 12 years with the Horsham, Pa.-based company.
The House approved legislation that would shield millions from the AMT by raising taxes on hedge fund managers.
“This bill will shed light on the 401(k) selection process and give Americans more control over their retirement future,” Sen. Tom Harkin said.
Investors Capital Advisory Services, the registered investment adviser of Investors Capital Holdings, has formed a strategic partnership with Biondo Investment Advisors, an institutional money manager.
The producer price index increased 3.2% in November, as energy prices hit a record high according to a Department of Labor report.
H&R Block will record $74.8 million in restructuring charges related to shutting down its Option One Mortgage division.
The United States is operating on an unsustainable federal budget that is bound to seriously damage the economy, the Congressional Budget Office said.
The Fidelity Charitable Gift Fund will launch a program with Campus Compact to educate and inspire young people to get involved in philanthropy.
The SEC wants to give smaller companies more time to comply with section 404, Chairman Christopher Cox said this morning.
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
Legislation "is intended to cover disputes between investors and securities brokers,” Sen. Feingold said.
Under the program, RIAs working with Fidelity will have access to affordable medical, dental and vision insurance.
Assets in individual retirement accounts grew 16.5% in 2006 to a record $4.23 trillion, according to EBRI.
