After 11 years as an emergency room physician, Carolyn McClanahan saw her career change course.
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.
Exchange traded funds are becoming a must-have for individual investors, but few of them know exactly what they are, how they work or what makes them different from their mutual fund cousins, advisers observed.
It would seem that after the latest sell-off, financial services stocks would be a screaming "buy" for most investors.
More mutual funds are being developed that offer managed payouts designed to give investors a steady stream of income.
While 401(k) investors' choices of mutual funds vary widely, one element of concern seems to be constant: cost.
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.
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.
Quantitative investment strategies that maintain consistent long and short exposures, commonly known as 130/30s, are hot.
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.