It’s FINRA, and it’s final. But the name of the self-regulatory organization formed by the consolidation of NASD’s and the New York Stock Exchange’s regulatory units is drawing a new wave of criticism.
How do you get a twentysomething to learn about saving and investing?
Financial advisers who use a BlackBerry or other smart phone soon will be able to access a wider range of financial tools and applications.
The Investment Management Consultants Association’s decision to offer the chartered private wealth adviser designation makes industry participants wonder if the credential will fill a need or merely add to the alphabet soup of designations already available.
NEW YORK — In a break with its past, Waddell & Reed Inc. will offer its advisers updated technology and next year will introduce a new outside platform for its top 300 or so registered representatives, company executives said last week.
SAN FRANCISCO — When Melissa Ma, Laure Wang and Rebecca Xu decided to strike out and form a new fund-of-funds firm focused on private equity in Asia, they opted to invest first and raise a fund second.
PHILADELPHIA — The two biggest names in indexing don’t agree on the relative performance of value and growth stocks during the first half of the year.
NEW YORK — Retirement is already scary for both near-retirees on a tight budget and their planners, but these clients may warrant a second look, advisers said.
NEW YORK — OptionsHouse Inc., a Chicago-based online retail broker, late last month became the most recent firm to add a virtual options-trading tool to its website. The motivation for the online upgrade is unsophisticated investors who are interested in trading options but wary because they do not understand them.
Amid market volatility that has shaken the confidence of even the most seasoned investors, one sector continues to shine unexpectedly: technology.
