The non-manufacturing sector saw its biggest one-month drop since they started keeping record in June 1998.
The number of advisers and brokers considering switching firms was on the rise last year.
While more money flowed into Janus Capital Group's mutual funds in 2007 than out - an occurrence not seen since 2000 - advisers are skeptical about whether the once-troubled fund company has regained its footing completely.
Meet the "schmeek." Financial advisers' increasing appetite for intricate details about the mutual funds and other investment products that they recommend to clients is forcing wholesalers back to school to learn how to talk to advisers.
The manager of the Aston/Veredus Select Growth Fund (AVSGX), B. Anthony Weber, knows that market conditions have been taking a toll on his investment strategy, but he insists that the validity of his approach remains solid.
Variable annuities with guaranteed-minimum-withdrawal benefits allow investors to reduce risk and increase retirement income, according to a recent study.
The rich are different from you and me, according to F. Scott Fitzgerald.
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.
