EMoney Advisor produces the eMoney 360 and 360Pro wealth- and goal-planning applications used by financial advisers, while Redtail provides a popular web-based client relationship management application intended for advisers.
Retail sales fell 2.8% in October to a seasonally adjusted rate of $363.7 billion, marking the largest decline since the data were first tracked by the Department of Commerce in 1992.
Several prominent hedge fund managers hinted that better regulation of the hedge fund industry is a good idea, but stopped short of endorsing stricter oversight.
The price-to-sales ratio for the 30 companies that comprise the Dow is at its lowest point since 1996, making this a great time to get nto the market, said Neil Hennessy, CIO and portfolio manager for Hennessy Mutual Funds.
Egregious risk taking in the name of impressive earnings has led to massive losses in the insurance industry, and now carriers need to think realistically about their pricing models and investments, executives said at a conference today.
Fortress Investment Group LLC posted a third-quarter loss of $57 million, or 66 cents per share, as the alternative-asset management firm proved susceptible to financial market turmoil.
Finra has fined Citigroup Global Markets, the brokerage and securities arm of Citigroup Inc., $300,000 for failing to reasonably supervise the commissions that its brokers charged their clients on stock and options trades.
Agents and advisers are overlooking an opportunity for new life insurance sales: the middle market and minorities, said Catherine H .Smith, chief executive officer of U.S. insurance at ING North America Insurance Corp., in Atlanta.
Losses in the financial services industry since early 2007 are inching closer to the $1 trillion mark, according to data compiled by Bloomberg LP.
Virtually all senior hedge fund managers expect increased regulation for the alternative-asset-management industry under President-elect Barack Obama’s future administration, according to a study released today.
