Sue Asci
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Schwab Charitable Fund today launched a service that helps organizations determine if they want to convert from a private foundation to a donor-advised fund.
The Securities and Exchange Commission last week charged a New York money manager with running a $40 million Ponzi scheme in which he allegedly promised investors that their money would be used for safe investments — but apparently spent the money on real estate and a mail order pornography business.
A man who pretended to be an Academy Award winner to attract wealthy individuals to a fraudulent investment scheme has pleaded guilty to several charges of wire fraud and tax evasion.
Financial advisers are becoming psychologists, job counselors, life coaches, chief financial officers and tax advisers in an effort…
Tapping 401(k) retirement funds to meet expenses is a last resort for many investors, but the relentless economic downturn took its toll this year, as hardship withdrawals saw double-digit increases, according to record keepers.
The New York State Insurance Department is proposing a rule requiring more transparency about how the sellers of insurance products are compensated.
Financial advisers are becoming psychologists, job counselors, life coaches, chief financial officers and tax advisers in an effort to work with white-collar clients who are finding themselves — perhaps for the first time in their adult lives — unemployed.
An estimated $800 billion in total client assets will be transferred across the investment advisory industry because of brokers and advisers' changing firms this year, according to a study from Cerulli Associates Inc.
An Ojai, Calif., man who pretended to be an Academy Award winner to attract wealthy individuals to a fraudulent investment scheme, has pleaded guilty to several charges of wire fraud and tax evasion.
Hedge funds were outperformed by some of the major market indexes in August but still attracted $4.5 billion in net inflows last month — double the flows recorded in July, according to consulting firms Hennessee Group LLC and Eurekahedge Pte Ltd..
