Advanced Equities Financial Corp., a Chicago-based securities firm that has carved a niche of financing companies backed by venture capital firms, is preparing for an initial public offering.
Financial advisers and clients can be their own worst enemies when drafting plans for retirement income, making common — but crucial — errors that can ruin distribution plans, according to an influential academic.
A new search service is available for comparative and cross-archive regulatory research.
The Dept. of Labor is backing 401(k) participants in an appeal of the dismissal of a class action filed against Deere & Co. and Fidelity Investments.
MetLife is bringing in its deferred income annuity as an asset allocation option in a defined contribution plan.
A "patchwork of regulators" are "unable or unwilling" to protect the American people, said Sen. Barack Obama.
The bill is expected to pass the House by summer, but will not make it through the Senate, lawyer James Delaplane said.
Most advisers are clueless about important tax rules that impact individual retirement accounts, CPA Ed Slott said.
Portfolio Director Inc. has announced completion of version 8.1 of its eponymous investment management software product.
Mutual Service Corp. faces at least one arbitration claim for allegedly failing to supervise a mortgage broker whose practice collapsed last September under the weight of a nearly $30 million fraud.
A full 93% of plan sponsors said they are solicited at least once a year by other advisers, according to a Fidelity study.
Despite the challenges faced by today's physicians — the soaring cost of malpractice insurance and declining insurance reimbursements are just two — doctors remain one of financial advisers' most sought-after niches
For nearly a decade, Jon E. Drucker has been a thorn in the side of Ameriprise Financial Inc.
Not that we needed much confirmation, but the Federal Reserve Board's actions last week confirmed the seriousness of the financial crisis that was triggered by the bursting of the housing bubble.
Advisers are generally satisfied with the dozen-plus retirement-planning software applications and calculators available to them.
The acronym RIA refers, of course, to registered investment advisers.
In the weeks following a ground-breaking Supreme Court case allowing individual 401(k) participants to sue employers, lawyers have been recommending that advisers require plan sponsors to purchase fiduciary insurance.
401(k) participants who have borrowed from their investments rose from 9% in 2005 to 18% in 2007.
