With no permanent repeal of the estate tax in sight, advisers are appeasing worried clients by putting new twists on old estate-planning tools.
There just aren't enough planners to go around, according to leaders of the financial planning profession. Speaking this month in New York, Nicholas Nicolette, president of the Denver-based Financial Planning Association, said some firms will need to double or triple in size in the near future.
The Phoenix Cos. Inc. has formed an alliance with Jefferson National Life Insurance Co. in which Phoenix will use the Jefferson technology platform to offer no-load variable annuities to fee-based advisers at wirehouses and regional broker-dealers.
Sun Life Retirement Services has named Jed Collins as its new president, succeeding Claud Accum.
Investor optimism stayed at par in October, but investors were glum about their own portfolios.
Bringing to market actively managed exchange traded funds has proved to be an elusive goal, but at least six managers think that they have the secret formula to make these vehicles work.
With so much emphasis in this book on buying a long-term, highly diversified portfolio, it would be reasonable if you figured that this is exactly how you should invest the money in your retirement plan at work.
Renewed government confidence in privatization and a robust secondary market could create new homes for committed capital waiting to be invested in infrastructure, according to a study by Ernst & Young LLP.
E-M Management Investments is at the center of a series of collapsed private partnerships.
Michel Flamee has been re-elected chair of the International Association of Insurance Supervisors executive committee.
The dollar edged up from its near-record low against the euro, while crude oil traded past the $90 mark on NYMEX for the first time.
The system will help life insurance companies get certifications of supervision of annuity suitability.
Despite careening markets, Americans felt more confident about their financial security.
Lehman has pledged $10 million to Spelman College to prepare black women for careers in the financial sector.
The figure includes the change in banks' dollar-denominated liabilities, which comprised most of the loss.
Cory Little will head the private banking and investment unit in Boston's global wealth management group.
Merrill Lynch is stoutly denying that its finance chief, Jeffrey Edwards, will get the boot.
LPL has plucked Derek Bruton from a custodian that caters to RIAs to oversee its network of affiliated B-Ds.
Market uncertainty remains unusually high as a result of subprime-mortgage turmoil, the Fed chief said last night.
One of the nation's top-producing independent brokers is under investigation by Michigan securities regulators.
