In an age of automation, broker-dealers interested in alternative investments -- hedge funds, LLPs,, non-traded REITs and the like -- still rely on phone calls and faxes to conduct transactions. A new platform could change all that.
It's been a tough week for the Wall Street giant. On Tuesday, the bank's executives were pilloried by a Senate subcommittee. Now, sources claim the U.S. attorney in New York is looking into transactions conducted by the firm.
Although the Roth conversion isn't for everyone, financial advisers must have the conversion conversation with every client who qualifies.
With interest rates at historic lows and no place to go but up, it behooves investors to have a strategy in place ahead of a rate hike cycle that is likely to begin this year.
When John Krambeer left the brokerage industry in 2004 to start his own fee-based firm, the first few years were 'pure hell.'
The Financial Industry Regulatory Authority Inc. announced today that it has hit Citigroup Global Markets Inc. with a monetary sanction for supervisory violations relating to its handling of trust funds belonging to cemeteries in two states.
Plying a path that sometimes has proven perilous, DeWaay Financial is staking its claim in the marketplace by offering financial advisers and their wealthy clients access to high-stakes private-equity, venture-capital and investment-banking deals.
The SEC charges of fraud against Goldman Sachs & Co. are giving renewed hope to financial advisers who want the fiduciary standard included in financial-reform legislation pending in Congress.
Bob Doll, the vice chairman and chief equity strategist at Blackrock, sat down with InvestmentNews to offer his thoughts on the direction of the global markets, as well as interest rates, for the remainder of 2010.
The economy is in a lot better shape than most people think, according to Nick Thakore, manager of the $4 billion Putnam Voyager Fund
For three years, the Justice Department has been probing a purported massive conspiracy in the muni bond market. An inside look at the government's investigation reveals how banks, traders, advisers and brokers allegedly cheated towns and taxpayers out of billions of dollars.
Colorado regulators alleged that Mr. Guyette sold private placements to a number of investors with whom he did not have a substantial prior relationship.
In the wake of the Morgan Keegan case, bonds will be 'unrated' without a third-party OK
The role and economics of credit-rating firms are among the most important issues to be addressed in any financial-reform legislation.
Spill may mean less drilling, which would drive up price of crude, says renowned value-fund manager
Prudential Plc's attempt to cut the price of its $35.5 billion takeover of American International Group Inc.'s main Asian unit failed, leaving the biggest purchase in the U.K. insurer's history on the verge of failure.
