Bloomberg

Bloomberg
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ALTERNATIVES MAY 09, 2008
Advisers debate alternative investments

Advisers may see increasing numbers of mutual fund products that include alternative-investment strategies.

LIFE INSURANCE AND ANNUITIES MAY 09, 2008
States take shots at STOLI

Oklahoma and Connecticut have passed bills to discourage stranger-originated life insurance practices.

RIA NEWS MAY 09, 2008
Happy days are near again, says Dimon

The financial crisis is "75% to 85% done,” according to Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co.

RIA NEWS MAY 09, 2008
Americans warily optimistic about economy

More consumers had a positive outlook about the economy, even as concerns about job security grew.

RIA NEWS MAY 09, 2008
Lower net at Gamco, loss at SMH

Gamco Investors reported a 45% drop in first-quarter net income to $10.5 million, compared $19.2 million a year ago.

RIA NEWS MAY 09, 2008
Stifel nabs three reps from Wachovia

Larry Herring, Joe Hagen and Kenn Hugos were all legacy A.G. Edwards & Sons representatives in Phoenix.

FINTECH MAY 09, 2008
Fidelity platform on schedule; Eagle upgrades

A portfolio modeling and rebalancing tool is being built into an upcoming Fidelity WealthCentral Platform.

RIA NEWS MAY 09, 2008
Trade gap narrows in March

The U.S. trade deficit shrunk to $58.2 billion in March, down from $61.7 billion in February.

RIA NEWS MAY 08, 2008
Fortress, Conseco, Nationwide and more

Fortress Investment Group reported a first-quarter loss of $68.9 million compared to a gain of $62.1 million a year ago.

RETIREMENT PLANNING MAY 08, 2008
Retirement security top priority for investors

The government should remove obstacles that keep employers from offering 401(k) plans, said Paul Schott Stevens.