Berkshire Hathaway acquires 5.5% stake in IBM; on the prowl for bargains
In the last quarter, the Oracle of Omaha invested a whopping $24B expanding the portfolio of Berkshire Hathaway. What's he buying? What's going on? Said one industry watcher: 'He sees something, and it's big.' <br><b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110913&Category=FREE&ArtNo=913009999&Ref=PH>The nine stocks held by Buffett's new co-investment manager</a>
Only 37% of advisers are now bullish on the stock market, compared with 56% last January, according to a survey Schwab Advisor Services. Cash, fixed income, gold and foreign currencies are the only four asset classes in which advisers are likely to invest more.
A new Charles Schwab & Co. Inc. survey finds that married couples think retirement planning is easier for singles. The reality is far different, however.
U.S. units of Aviva, Allianz placed on review with negative implications due to parents' EU exposure
Insurer agrees to settle charges it violated the FCPA; carrier allegedly netted $11.4M from $3.6M in payments
Sun Life's decision to exit the VA and life insurance businesses in the U.S. came as a big surprise. The Canadian outfit's departure also leaves distributors hurting for choices.
New customers must have paperwork signed by Sunday to get the old rate
Company plans to roll out its first fixed indexed annuity but must prep bulk of 82,000 reps first; 'large universe of salespeople'
$8.6B in 3Q is another record breaker for variable annuities; insurer's already pared back GMIB Max twice
More info, less paperwork would be helpful; 'actionable ideas' highly prized
Investment products must generate income streams; advisers still on the fence about annuities, however
Once-demonized carrier slowly restoring its brand; 'even Charlie Sheen got another shot'
Eager to boost their ranks, wirehouses are turning to an unexpected source: indie B-Ds. What's more, the big shops are dangling some compelling incentives to convince the reps to jump. <b>INTV:</b> <a href=http://www.investmentnews.com/section/multimedia?playerType=INTV&bctid=1151711017001><i>The incredible shrinking wirehouse</i></a>
Jackson National takes top spot; Pru at No. 2
Increased market volatility is driving more financial advisers toward alternative investments and a more active approach to investing, a new survey from Jefferson National Life Insurance Co. has found
Financial advisers, normally an optimistic lot, are growing increasingly gloomy about the economy
Advisers, beware: The dramatic run-up in the price of gold, coupled with increased fear of more economic and market downturns, makes clients especially susceptible to gold-related investment scams
Yesterday, Pimco managing director and co-CIO <a href=http://twitter.com/#!/PIMCO>tweeted</a> that a recession is "likely as markets recognize impotency of policymakers."
A 76-year-old insurance agent is facing nearly a century of prison time after pleading guilty to securities fraud stemming from the sale of unregistered securities and fake investments.
