At a time when recession fears are rattling the stock market, some financial advisers are looking to trees for growth.
Legislation is moving forward in the Senate that would allow financial services companies to keep their industrial banks.
The gross domestic product will rise by just 2.9% in 2008, according to economists polled by NABE.
Last week's U.S. Supreme Court decision to allow individual participants to sue 401(k) plan administrators will put further pressure on financial advisers to ensure that they are adhering to their fiduciary status, industry observers say.
After a sputtering start, the green revolution appears to be steadily making its way into corporate boardrooms.
Insurers are stepping up their wholesaler education efforts to help advisers prepare for tougher suitability rules involving the sale of variable annuities.
Aware of the appeal of variable annuity riders, carriers plan to strengthen their offerings while attempting to meet financial advisers' calls for simplicity.
As Wisconsin's insurance commissioner and vice chairman of the Life Insurance and Annuities (A) Committee of the Kansas City, Mo.-based National Association of Insurance Commissioners, Sean Dilweg is focusing on suitability, wholesaler training and curbing VA abuse.
RevenueShares Investor Services LLC became the latest firm to enter the exchange traded fund market Friday, launching three ETFs based on indexes weighted by the amount of company revenue.
The tool can replay the market in simulated real-time at an accelerated or decelerated speed, according to the exchange.
