Jeff Auld, the president of Berthel Fisher and Company Financial Services Inc., has left the company for personal reasons.
As fund companies experiment with retirement income solutions, financial advisers and investors are worried about products that are designed to leave participants with a zero balance.
The use of alternative hedge-fund-like strategies within mutual funds was a hot topic of discussion last week at the Investment Company Institute's 50th annual general membership meeting in Washington.
Micro-cap stocks are beaten down to the point where the mutual funds that invest in them are starting to see new opportunities.
Amid concerns about rising energy costs, Firsthand Capital Management Inc. is widening its focus on technology to include alternative energy.
As the weather heats up in May, so does the competition among insurance carriers that are releasing new features for their variable annuities.
One of American International Group Inc.’s units is considering splitting from the insurer, The Wall Street Journal reported.
BoulevardR.com, an interactive website that has been used primarily as a tool for retirement planning, is launching a three-step process that provides an actionable financial plan prepared by a financial planner for $49.
Upon the conclusion of a talk about achieving fiduciary excellence that I delivered April 28 at the Mountain States Public Employee Retirement Systems Forum in Denver, and sponsored by the Investment Management Network LLC of New York, an attendee approached me and asked, “What are my obligations as an investment committee member with respect to voting proxies?”
AIG reported a net loss of $7.81 billion, or $3.09 per diluted share, for the first quarter of the year.
