Daniel Bonventre, who ran Mr. Madoff's broker-dealer for almost 40 years, received half the minimum time prosecutors sought in the case.
The executive, who led Western Asset Management Co. during its purchase by Legg Mason Inc., spent more than three decades in the investing industry.
Here are a few retirement questions financial advisers should prepare for clients to ask.
66% of those surveyed credit networks with helping them gain new clients.
House vote late Wednesday provides $42 million in temporary relieve to taxpayers but nothing for 2015.
After equities rose the most in a month, investors await key reports on jobs and the economy
Falling oil prices, accelerating U.S. economic growth may fuel further gains, but there are signs of overheating
Legg Mason CEO Joseph Sullivan said a “transition” of assets is under way in the bond industry after the departure of Bill Gross from Pimco to Janus Capital prompted investors to set billions of dollars in motion..
Some emerging-markets funds are invested in oil-driven economy.
European shares rally on stimulus hope while U.S. Stock futures trade flat.
