The mind-set of clients presents a significant stumbling block to advisers who recommend annuities as a retirement-planning tool.
Elder-law attorneys are concerned that the new year will bring new rules in a number of states regarding how — and if — immediate annuities can work with Medicaid eligibility and planning.
Brokers and other industry observers are steaming over a new study that shows that investors who buy load funds do far worse than the funds themselves.
Tudor Investment clients have pulled more than $1 billion from its Raptor hedge fund after it fell 8.5% this year.
Despite the credit crisis, the job market at large financial advisory firms is expected to be strong in 2008, according to a recent Claymore Partners LLC survey.
The hedge fund run by RK Capital Management of London lost 22% in November as copper prices fell.
The wealth-management firm will launch an open-architecture platform with O.N. Investment Management Co.
The November rise marks the largest monthly increase in two years, according to a Department of Labor report.
Experts cite CRM, document management, web portals, integrated adviser platforms and RSS as areas of expected growth.
