Although financial advisers are the key drivers in the generation of hedge fund sales, it appears the hedge fund industry and advisers aren't connecting as well as they might, according to a new study.
Stung by media and union criticism that their proxy votes are in the pockets of corporate management, the mutual fund industry is fighting back.
Economists at major U.S. corporations believe that the economy will steer clear of a recession.
This event positions your practice as a retirement resource for baby boomers and helps encourage referrals.
Wachovia Securities LLC of St. Louis continues to file lawsuits against groups of legacy A.G. Edwards brokers who have left the firm.
American Equity Investment Life Insurance has settled a class action for $16.4 million over abusive annuity sales.
Although the stock prices of mortgage giants Fannie Mae and Freddie Mac were bruised, a handful of mutual funds continue to hold the securities, either because they underestimate the risk or because they are smarter than the average bear.
The board took action to improve transparency in the municipal bond market during its three-day meeting.
In a recent survey, 321 advisers were asked to identify their three biggest areas of difficulty out of 10 system areas.
Citigroup lost $2.5 billion in the second quarter while Merrill Lynch was down $4.65 billion.