While mutual funds continue to garner the lion's share of investment assets, their growth is trailing that of exchange traded assets and separately managed accounts.
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.
Tudor Investment clients have pulled more than $1 billion from its Raptor hedge fund after it fell 8.5% this year.
The mind-set of clients presents a significant stumbling block to advisers who recommend annuities as a retirement-planning tool.
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.
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 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.
Jason Kavanaugh, who purchased the shares, is an executive with Questar Capital Corp.
The insurance trade groups will join under the umbrella of LL Global but each will keep its name.
