Republicans OK with axing tax deductions for the rich, but marginal tax rates still a bone of contention
It's been about two months since Sallie Krawcheck was ousted from her job at Bank of America Global Wealth Management. At a conference on Monday, the former head of Merrill Lynch's thundering herd praised advisers. She was less generous about the actual firms that advisers work for. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20110616&Kategori=FREE&Lopenr=616009999&Ref=PH>How clients rate the big advisory firms</a>
Fifty-five million Social Security beneficiaries will receive a 3.6% cost-of-living adjustment next year, the U.S. government said last week
A group of state insurance regulators voted last week to adopt amendments to an annuity disclosure model that would give customers a detailed breakdown of product features
If the drawdown of assets is done properly, it's best to delay taking that government check.
Some want to boost the deferral limit – others want to do away with it
On the surface, the U.S. economy is gradually recovering
Bank of America Corp.'s David Darnell, the commercial banker put in charge of the lender's Merrill Lynch brokerage, promised employees he'll do anything including “get out of the way” to help them improve results.
Given the recent spate of bad news, it seemed that somebody big had to go at Bank of America. Merrill Lynch president Sallie Krawcheck drew the short straw. The real question is: Did Sallie ever really have a chance of succeeding at BofA?
The former managing director of strategic business development at Schwab Advisor Services, has launched his own consulting practice.
Sapient makes it No. 8 on the year, boosting firm's AUM to $45B; 'suffocating' at the wirehouse
The lack of leaks is an indication that the panel has decided to refrain from fighting in the media and actually come to the table.
State regulators have signaled a push for recalculating reserve requirements on a certain type of universal-life insurance, a change that could lead to higher costs for policyholders, as well as fewer insurers' selling the product
Let's hope that Finra has learned a lesson from the public flogging it received after it was reported that a regional official allegedly doctored the minutes of internal staff meetings that were then turned over to SEC examiners
MF Global took large bets on commodities, government debt, futures and derivatives, and did so with its own capital. Companies that risk their own money, or that of wealthy clients, should be allowed to fail.
Has hired six new external wholesalers, bringing its roster to 54, and it expects to have 60 by the end of the year.
Sources say bidders for Morgan Keegan substantially lowered their offers for the B-D following the bankruptcy of MF Global. How bad is it? The sale of the brokerage could fall through, the insiders say.
With extreme volatility, a global debt crisis and clouds of political uncertainty consuming the economic environment for the foreseeable future, the "New Normal" appears to be continuously re-defining itself.
Pimco's Bill Gross said the additional easing programs hinted at by Federal Reserve officials will push yields on longer-term Treasuries higher
