Many fee-based advisers are under-charging for their services and cheaper rates do not bring in more clients, study finds
Reluctant to entrust their financial assets to any one financial adviser, the nation's top tier of investors is spreading its wealth. In fact, new research shows that well over half of wealthy clients now work with at least five advisers.
A mediation session to resolve hundreds of millions of dollars of investor claims against Securities America Inc. failed to yield a settlement last week, as the firm's 1,800 reps and advisers continue to speculate on whether the firm will survive.
Probably not, although when paired with other recent disasters, carriers' pain could be chronic
When it comes to Section 529 college savings plans, financial advisers say they wish they had more choices
Purchase of Zirkin-Cutler biggest acquisition to date for roll-up firm
Service providers have an additional six months to prepare for plan fee disclosure regulations, and from the looks of it, broker-dealers are going to need all that time to make sure they're up to snuff.
Putnam Investments chief Robert Reynolds came to Washington on Wednesday to urge Congress to save Social Security — just not in the way Wall Street executives usually recommend.
Putnam Investments has tapped former executives from John Hancock Financial Services Inc. and Fidelity Investments to help it expand its defined contribution business.
Offering gives investors access to four absolute-return funds; some fees will be waived through 2012
E*Trade Financial Corp. said Citadel LLC will sell shares of the online brokerage, cutting its stake to less than 10%, after it sold almost 24 million shares less than two months ago.
The ongoing drama at the stricken nuclear power plant in Japan sends world stock markets into a tailspin.
Options portfolio that gained 234% during 2008 financial crisis saw no bump up from calamity in Nippon
Once again this week, markets will focus on events far from both Wall Street and Washington.
Get ready for an avalanche of Form 8606 questions
As the markets continue to recover, it is time to take a fresh look at investment risk
Mary Schapiro, chairman of the SEC, cannot be surprised that she is taking heat from Congress for hiring a general counsel who played a role in determining how victims of Bernard Madoff would be compensated, even though he had benefited from an investment with the notorious financial criminal
