In the face of opposition from influential insurance and securities industry groups, the Financial Planning Coalition has moderated its ambition to get Congress to establish a broad regulatory scheme for financial planners.
Investment management is a privileged profession – not just for being paid by X-times what you're really worth to society, but from the standpoint of longevity.
The closed-end fund market has continued on a tear in the first quarter of 2010.
The self regulatory organization ruled that Schwab's human resources group committed “gross negligence, and contributed to the damages suffered” by a former employee who claimed the brokerage had made defamatory comments on his termination notice.
Forty-two percent of surveyed reps plan to boost such spending, while 41% plan to cut spending on bonuses.
The crisis in Greece should serve as a warning to all Americans, especially our political and business leaders.
Stiff competition thwarted many of the nation's biggest RIA firms last year.
It's early, but brokers and bankers should be tuned into the New York AG race to get a feel for their futures
The government says it will sell the 7.7 billion in shares it bought in Citigroup over the next year.
And there's a 5% chance the tab could top $570K, according to a sobering study published this week by Boston College.
The Jones family is in need of financial advice in a major way.
A year after taxpayers bailed out the nation's financial system, every major bank in New York has settled its debt with Uncle Sam except one: Emigrant Savings Bank.
A prominent Brooklyn rabbi was arrested Thursday in a scheme to extort a Connecticut-based hedge fund into paying millions of dollars to two schools, federal prosecutors said.
Trade associations representing the life insurance industry and agents last week applauded New York's passage of life settlement legislation.
A former financial adviser from Plymouth, Mass., has pleaded guilty in federal court to embezzling $4.3 million from his clients and using the money for personal expenses, including to make mortgage payments and pay his daughter's college tuition.
Over the past year, at least six young couples have come to investment adviser Susan Spraker in desperate need of financial help.
Nearly half of surveyed business leaders now say the lousy economy won't improve until 2011 — at the earliest.
The Jones family is in need of financial advice in a major way. InvestmentNews wants to know how you would advise this made-up 30-somethings couple, the first case study of a four-part series on lifestage investing.
The American taxpayer bailed out New York City's banking elite. Now, the top securities firms are raking in supersized profits -- with bonuses to match.
