The Financial Services Institute Inc. hopes to bend the ear of the consulting firm chosen by the Securities and Exchange Commission to consider the effect on investors of applying differing regulatory standards to broker-dealers and investment advisers.
Ultrawealthy clients with investible assets of $40 million to $50 million rapidly are emerging as one of the most coveted segments of the wealth management business.
LPL Financial Services Inc.’s plan to acquire three broker-dealers owned by Pacific Life Insurance Co. came as little surprise to many in the industry, though the deal has raised a few key questions, industry observers and advisers say.
As indexes developed specifically for exchange traded funds proliferate, so do concerns about potential conflicts of interest that may exist when index providers reach for extra performance.
NEW YORK — The ever-evolving need for assisted-care facilities for the elderly and increased concern over energy policy have created opportunities for municipal bond portfolio managers.
The Securities and Exchange Commission is considering whether to raise the financial bar for investing in private-investment pools other than hedge funds.
After 15 years of serving their common clientele separately, Schwab Institutional and Cambridge Investment Research Inc. are showing those dually registered advisers a united front in recruitment, service and reporting.
BOSTON — Municipal bonds — which finance projects such as roads and sewers — may not be the sexiest investments, but if investor inflows count for anything, OppenheimerFunds Inc.’s Rochester unit looks like Sophia Loren.
OTTAWA — It isn’t that Canada doesn’t have securities laws; it has lots of them. But there seems to be a problem with enforcement.
NEW YORK — Real estate investment trusts don’t exist in India, but investing in real estate there shows great potential, according to executives at Deloitte Touche Tohmatsu.
