Nationwide Financial Services Inc. has kicked off enhancements to its Lifetime Income Rider.
ETF Insider's ETF 50 Index increased by 0.6% in August, following two consecutive months of declines.
New York City houses the bulk of the investment banking industry, but it holds second place when it comes to weekly pay.
NEW YORK — NEXT Financial Group Inc., which is in the middle of a scrap with the Securities and Exchange Commission over its use of confidential client information when recruiting representatives, is getting strong support in some corners of the independent-contractor brokerage industry.
SAN FRANCISCO — After years of being heralded as the next big thing in banking, reverse mortgages have come into their own, morphing from a mom-and-pop industry to big business in just the last six months.
CHICAGO — The seemingly endless quest for cost-effective alternative investments has increased the interest in collective trusts among employee benefit plan sponsors and financial advisers, though concern about transparency remains a hurdle.
NEW YORK — Recent market volatility is unlikely to curb investors’ appetite for collateralized debt obligations and other complex securitized-debt products despite the risks, wealth management executives said.
PHILADELPHIA — Despite concerns from financial advisers, more mainstream mutual fund companies are spicing up their fund lineups with products that employ strategies long used by hedge funds.
DETROIT — Financial advisory firms that concentrate on holistic planning and leave the investment management to outside professionals are seeing the benefits in real dollar terms, according to a recent study.
NEW YORK — Another independent broker-dealer has shut its doors, months after one of its brokers got in trouble with regulators.
