After 11 years as an emergency room physician, Carolyn McClanahan saw her career change course.
More mutual funds are being developed that offer managed payouts designed to give investors a steady stream of income.
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.
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.
Quantitative investment strategies that maintain consistent long and short exposures, commonly known as 130/30s, are hot.
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.
John Hancock Annuities is making a run for old and young retirees with a new annuity rider.
Investors continue to bail as Harry W. Lange celebrates his two-year anniversary as the manager of the Fidelity Magellan Fund on Wednesday, although it's clear that the fund's performance is on the mend.
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.
While 401(k) investors' choices of mutual funds vary widely, one element of concern seems to be constant: cost.
