It would seem that after the latest sell-off, financial services stocks would be a screaming "buy" for most investors.
Ladenburg Thalmann Financial Services Inc.'s acquisition last week of Investacorp Inc., could position the latter to be more active in recruiting representatives and financial advisers, as well as potentially buying smaller firms.
Brokerage firm advisers are offering investors fewer mutual funds because the compliance burden of putting clients into new funds are too onerous, according to a report by Westwood, Mass.-based Hobson & Co.
Quantitative investment strategies that maintain consistent long and short exposures, commonly known as 130/30s, are hot.
While 401(k) investors' choices of mutual funds vary widely, one element of concern seems to be constant: cost.
John Hancock Annuities is making a run for old and young retirees with a new annuity rider.
Just 23% of women in a recently released survey said that they were confident in their ability to retire with a lifestyle that they considered comfortable.
When the Federal Reserve Board cut the discount and federal funds rates by 0.5 percentage points Sept. 18, some critics charged that Fed Chairman Ben Bernanke and his colleagues had acted too quickly.
Members of the Financial Services Institute Inc. met with members of Congress and their staffs on Capitol Hill Oct. 10, in a push to retain in their current form 12(b)-1 fees, which the advisers say are crucial to their work with smaller clients.
More mutual funds are being developed that offer managed payouts designed to give investors a steady stream of income.
