Merrill Lynch has adjusted the value of some investments suffering from the subprime-mortgage market.
With a recently passed law, the Department of Defense has declared war on bogus financial advisers.
The SEC is likely to adopt a temporary rule that will let fee-based brokers continue to make principal trades.
TD Ameritrade began sending apology letters to most of its clients after a hacker stole vital information.
RIA firms grew assets by 15% last year, and revenues by 18%, according to a study released today.
Pacific Life Insurance has cut ties with United Planners’ Financial Services of America.
Individual annuity sales increased 6% in the second quarter to a record of $66.5 billion over the same period in 2006.
Richard M. Reilly, Michael Gilotti and Mathew Greenwald were honored and six new board members were added.
Financial advisers shouldn’t focus on the big picture of 78 million baby boomers charging toward retirement, but as a gradual evolution, said Oppenheimer Funds economist Brian Levitt.
This week, after a long battle with the SEC, former American Stock Exchange chairman and chief executive Salvatore F. Sodano consented to SEC findings that he failed to supervise the exchange's oversight of its order-handling and record-keeping rules from 1999 through June 2004.
Seniors may want to sell their homes and move in with relatives as a way to reduce overhead expenses.
Life insurance brokerage agencies could save up to $377 million annually in agent licensing costs if Congress were to adopt legislation.
The SEC has approved a FINRA rule intended to improve B-D sales practices for purchases and exchanges of deferred VAs.
The college savings plan industry once again has unveiled a wide array of marketing campaigns for the back-to-school season, with many plans emphasizing the benefits of 529 plans in light of upcoming changes in the “kiddie tax.”
Many young advisers have taken it upon themselves to pave their own path into the financial advice industry.
For young financial advisers looking to earn their stripes, a lack of gray hair and wrinkles could have some clients concerned about taking advice from someone as young as their child — or even grandchild.
Schwab Institutional will provide free portfolio re-balancing software to financial advisers who use its custody services.
One day last month, while the Dow Jones Industrial Average was sinking over subprime-mortgage concerns, financial adviser Frank McGovern was relaxed, and the phones of his McLean, Va., office were quiet.
China’s involvement with Africa has skyrocketed in recent years, and it is forcing U.S. investors to re-examine their views on the continent as an investment destination.
Two insurers, hoping to attract baby boomers heading into retirement, have introduced variable annuity products that guarantee a hefty 7% return on the holder’s investment in each of the first 10 years of the contract.
