Julius Baer agreed to purchase Merrill Lynch's non-U.S. business. How much is the Swiss wealth manager ponying up to acquire the money-losing unit? $880 million.
Just when it seemed that the variable annuity industry couldn't handle more change, major sellers MetLife Inc. and Prudential Financial Inc. expect to roll out product updates this month, while The Hartford Financial Services Group Inc. is looking to reduce further its VA book of business.
Variable annuities up-and-comer hires wholesaler team
The venerable Swiss asset manager is in early talks to buy Merrill Lynch's non-U.S. wealth management unit. The offer? Reportedly, around $1.5B
Say some executives at U.S Trust have been let go; claim partial travel ban was also instituted
You'll find no shortage of iPad applications designed for financial advisers. Some are show-stoppers, others mere novelties. Tech guru Davis Janowski tells you which ones make the grade.
TCW has doubled his mutual fund assets from 2009, when Jeffrey Gundlach's departure led to a number of client defections
Higher savings rate, lower levels of debt cited.
One option for TCW may be a management-led buyout as Societe Generale faces European debt crisis.
E-Trade Financial Corp. has tapped former Citigroup Inc. executive Steven Freiberg as its new CEO, starting next month.
RMR Wealth Builders signs on to fledgling hybrid platform; 'modern day co-op'
More and more advisers are posting, tagging and tweeting their way to business growth
Sources say the embattled market maker received a $400 million cash infusion from clients, including a trading firm backed by TD Ameritrade and Stifel
Average life expectancy merely an average, not a timetable
Parents can trigger benefits for kids, delay collecting their own
'Like having kids' and keeping them out of trouble.
