While investors may want to make changes in the face of a volatile stock market, most financial advisers don't move assets around during challenging times.
Distressed debt is about to have its day, according to some prominent investment managers.
One of the broker-dealers in the ING Advisors Network Inc. is on the brink of losing representatives and advisers who generate $21 million in fees and commissions to rival firms.
Pink-sheet stocks, which represent thousands of public companies not listed on any U.S. stock exchange, are gaining appeal among some investors, thanks to increased efforts to hold the companies more accountable to shareholders.
In the wake of a security breach that affected more than 10,000 clients, LPL Financial has taken several steps to increase data protection.
When it comes to helping clients, adviser Daniel Grossman of Acorn Financial LLC in Nashua, N.H., has his feet planted firmly on the ground.
In casual conversation about the troubled financial markets, the words "risk" and "uncertainty" often are treated as synonyms.
They are the ultimate go-anywhere funds — global funds that can invest virtually anywhere, regardless of geography — and they are growing in number.
More investors are looking to sell illiquid auction rate preferred securities issued by closed-end mutual funds even though in many cases, they must sell at hefty discounts.
