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.
The mind-set of clients presents a significant stumbling block to advisers who recommend annuities as a retirement-planning tool.
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.
Tudor Investment clients have pulled more than $1 billion from its Raptor hedge fund after it fell 8.5% this year.
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.
Experts cite CRM, document management, web portals, integrated adviser platforms and RSS as areas of expected growth.
The November rise marks the largest monthly increase in two years, according to a Department of Labor report.
