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.
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.
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.
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.
Amid market volatility that has shaken the confidence of even the most seasoned investors, one sector continues to shine unexpectedly: technology.
One year after the passage of the landmark Pension Protection Act, which made federal tax breaks for Section 529 college savings plans permanent, the programs are approaching “critical mass,” according to the head of the College Savings Plan Network.
CHICAGO — The role of financial advisers won’t be diminished by the new 403(b) regulations released late last month, according to industry experts.
