A MetLife Inc. subsidiary and three other affiliates have been fined a total $1.2 million for alleged failures to ensure supervisors could review brokers' e-mails with the public.
The American Council of Life Insurers has elected C. Robert Henrikson, chairman and chief executive of MetLife Inc., as its 2010 chairman.
In the long battle to position themselves as wealth managers, life insurance companies still have to prove to financial advisers that they can do more than sell annuities.
You wouldn't know it from the way most mutual fund companies and insurers are marketing their products today, but retirement income in all its dimensions is going to be the key driver of the financial and investment business for the next two decades at least.
The Charles Schwab Corp. ended its annual conference for independent advisers last week with a flourish and a confession.
Fannie Mae CEO Herb Allison is expected to be named by the Obama administration to head the government's $700 billion Troubled Asset Relief Program, a published report said.
The Treasury Department’s decision to increase its bailout package to AIG, doesn’t signal a larger effort to aid companies outside the banking sector.
MBIA Inc. said on Monday that its asset management unit will function as a separate operating company, a move that sent shares of the bond insurer higher in midday trading.
The debate over health care reform may be getting even more rancorous, but the Senate still aims to keep a provision that would create a government program for long-term care.
While high-net-worth clients often tend to be more sophisticated than the average investor, Silvercrest Asset Management Group LLC claims that its clients are even more investment-savvy than the typical wealthy investor.
In 1986, Thomas A. Muldowney was discouraged by what he was seeing in the financial services industry.
At 83, Robert B. Deans Jr. still comes into the office every day.
In his 38 years in the business, I. Craig Hester has never seen clients as scared as they were during the market downturn.
It's very rare that an investor gets the expertise of an entire financial planning team, but at Budros Ruhlin & Roe Inc., that's exactly what they get.
Government estimates about how much investors withdraw from their 401(k)s and IRAs are probably way off — maybe by hundreds of millions of dollars, according to a report published late last month by the Investment Company Institute.
Market forces work everywhere — even, it would seem, on the high seas.
Rolling out of the recession, Aspiriant LLC's newly chosen leader has set his sights on eastward expansion, turning the steering wheel away from sunny California and toward the Midwest.
The next wave of equity opportunities lie in big, “boring” companies that have been largely overlooked in the current rally, according to hedge fund manager Joel Hirsh.
The sudden resignation last week of John Sykes, chairman of GunnAllen Holdings Inc., has raised questions about the future of the company and its broker-dealer, GunnAllen Financial Inc.
