Saving a sufficient amount of money for retirement was the top concern of clients in a recent survey of accountants who provided financial planning services.
The rich are different from you and me, according to F. Scott Fitzgerald.
Overcrowding is behind a nearly 18% slump in the number of mutual funds launched in 2007 and a comparable percentage jump in those merged out of existence.
Technology to help automate and improve the compliance function may not ring a financial adviser's cash register, but it certainly can reduce the time-consuming and potentially costly problems that compliance failures create.
Raymond James' asset-management unit and its bank could be worth close to $4 billion, according to Barrons.
In a bid to take advantage of the stock market's volatility, mutual fund companies are reopening closed funds at a record pace.
The minor-league status of WisdomTree Investments Inc. in the world of exchange traded funds could change following a deal struck last month with The Dreyfus Corp.
The forces that drove the retirement marketplace in 2007 — the automatic enrollment and default option provisions of the Pension Protection Act of 2006, the aging baby boomers and a focus on the rollover market — will continue to shape product launches this year.
Strong earnings and sound investment portfolios will keep the life insurance industry stable this year, according to Moody’s Investors Service.
