John Koehler will lead a group of nine specialists, each one focusing on advanced planning techniques.
Treasury Secretary Henry Paulson this morning expressed optimism that a temporary growth plan can be enacted quickly.
In an surprise move, the Federal Reserve cut interest rates from 4.25% to 3.50%.
The typical American financial adviser is 50.4 years old, works with 250 to 500 clients and manages $25 million to $100 million in assets.
As subprime-related losses mount, the word itself has proved to be a winner.
Moody's downgrade of FMR Corp.'s debt rating reflects an unseen mountain of unrated debt the company has accumulated in recent years, according to the rating agency.
A 2008 recession could last longer and be more severe than any since the end of World War II, say economists.
Asset management might be at the heart of what drives an individual toward financial advice, but savvy financial planners are realizing that it takes more than asset management to bring lasting value to the advisory relationship.
Willis Group Holdings, the London-based insurance broker, is talking takeover with Marsh & McLennan, CNBC reported.
President George W. Bush proposed $145 billion in tax relief and other incentives to revive a sputtering economy.
Haier New York Life, a joint venture between the New York-based insurer and China’s Haier Group, today opened a branch in Wuhan.
Wilmington Trust's earnings fell 7% and LaBranche posted a net-income loss of 54%.
The index of leading indicators decreased by 0.2% in December, according to The Conference Board.
Ex-AIG chief Maurice R. Greenberg and his investment firm have retained an adviser to review their stake in the insurer.
David M. Johnson, executive vice president and finance chief of The Hartford, will resign in mid-2008.
TD Ameritrade’s net income increased 65% on client assets and greater trading activity.
Cconstruction began on 1.353 million new homes and apartments in 2007, the lowest number since 1993.
The Fed chief warned, however, that a stimulus package provided at the wrong time could prove "counterproductive."
Twenty-eight percent of the RIA firms surveyed have experienced growth of more than 100%.
The number of mortgage applications filed increased by 28.4% for the week ended Jan. 11.
