Investing can be nerve-wracking, especially when volatility reigns, as today.
The hedge fund is reportedly considering raising another $1 billion to take advantage of Wall Street turbulence.
As an innovation, ETFs have no peer.
Several months ago, Baltimore-Washington Financial Advisors Inc. surveyed the competitive landscape and decided it was time to make a change.
Competing in a crowded, cost-focused market, 20-year-old Hennessy Funds is putting an emphasis on distribution.
The idea for a Section 529 college savings plan gift registry came to Jeff Frese last year at a birthday party for his 4-year-old niece.
Last week's order that Next Financial Group Inc. stop violating privacy regulations when recruiting brokers upended a key tenet of independent-contractor broker-dealers: that independent representatives — and not broker-dealers — are at the center of the relationship with the clients.
Schwab Performance Technologies of Raleigh, N.C., which acquired Etelligent Consulting Inc. in February, said last week that a revamped version of the Etelligent product is now available on Schwab's PortfolioServices platform.
"We would urge caution for investors attempting to call the bottom in the current environment," a Merrill strategist wrote.
After more than seven years of tapping into the Internet for the best stock pickers who are willing to run a virtual portfolio, Marketocracy Inc. has produced a top-tier mutual fund that is loosely subadvised by an eclectic group of individuals, most of whom have no connection to Wall Street.
