Federated Investors Inc. of Pittsburgh today announced the launch of three mutual funds.
A consensus is forming that financial regulatory reform should include provisions to require anyone providing advice to adhere to a fiduciary standard of care.
Fed up with the recent volatility in publicly traded stocks and mutual funds, some sophisticated investors are looking to alternative investments for portfolio diversity and enhanced returns.
Warning to larcenous advisers: Don't try anything in Massachusetts.
Interest in Section 529 college savings plans that are backed by the Federal Deposit Insurance Corp. is picking up amid the stock market's downturn.
As exchange traded funds gain in popularity, more financial advisers are building model ETF portfolios for use by other advisers.
Bernard Madoff's face has been plastered on magazine covers and in newspapers, but artist Yan Pei-Ming has taken the confessed Ponzi schemer's image one step further.
Many advisers don't believe that the market has bottomed, even though the Dow Jones Industrial Average rallied for four days last week.
On the surface, the Obama administration's movement to require every employer to offer workers some form of automatic retirement account is a well-intended attempt to shore up the financial futures of millions — and underneath, it's one that could also pump billions of dollars into the capital markets at a crucial time.
Believing that the financial oracles may have lost their gifts, many advisers appear unwilling to tie their fortunes to the investment acumen of such big-name investors as Warren E. Buffett and Bill Miller.