Many top executives at large financial services companies saw a big jump in pay last year.
The rapid rise of equity markets over the past few months has introduced a new challenge to some financial advisers: keeping clients focused on long-term objectives.
While advisers want their separately managed accounts made available on unified managed account systems, SMA managers fear that that will result in a loss of control over how their products are marketed.
New accusations against equity index annuity sellers may lead to regulatory grief comparable to what property-casualty firms suffered during the contingent- commission scandal a couple of years ago, industry observers say.
Thomas James clearly is displeased with the growth at Raymond James Financial Services Inc.
NASD has hired a former board member as a consultant, raising questions about conflicts of interest and concerns about how well small firms have been represented in the organization.
IRVINE, Calif. — NASD is expanding the disciplinary information it discloses about brokers and firms.
WASHINGTON — The battle to help investors globalize their portfolios has received two more weapons.
NEW YORK — Paying attention to such details as retirement plan fees and documentation is a tough sell — especially when small- business owners have businesses to run.
