When entrepreneur David Barrett couldn't find an investment firm he trusted to manage several million dollars, he created his own.
A gloomy market outlook is making gold shine bright, but financial advisers are divided as to whether it deserves a place in most clients' portfolios.
Two of the biggest blowups in the retail-investing business are wending their way through legal channels, with plaintiff's attorneys looking far and wide to place blame in order to win money for clients.
Federated Investors Inc. launched the Federated Kaufmann Large Cap Fund this month in a bid to capitalize further on the success of star managers Lawrence E. Auriana and Hans P. Utsch.
Fund Architects LLC, which promises to provide small investors with institutional-quality money management, legitimately can claim that it thinks outside the box.
Insurance agents and advisers are hawking annuities without grasping the adverse impact on clients' estate plans, industry observers said.
One very large player figured only marginally in the scandals of the 1990s — the $7 trillion mutual fund industry.
The firms will join forces to offer international cash- and fixed-income exchange traded fund products.
E*Assist's Compliance Officer Report Card assists compliance officers in tracking the advisers they oversee.
