With more than half of its revenue coming from fees, Edward Jones plans to start selling proprietary investment products in a sharp break from the past.
Windfall elimination provision can cut size of a worker's retirement benefit.
Shared housing could improve the retirement prospects of single baby boomers. Mary Beth Franklin has some real-life stories.
Advisers too busy adding clients and assets to pursue transactions.
Originally designed to allow a company's highest-paid executives to defer their annual cash bonus, nonqualified deferred-compensation plans have evolved into flexible, multiuse executive retirement plans — with investment options similar to their qualified-retirement-plan counterparts.
Restructuring, if it happens, won't likely affect Merrill's advisers.
The financial advice industry has long been criticized for having too many professional designations — some good, some OK and far too many just worthless.
Fundamentals support gains in the commodity while some still see good reason to invest in gold
BofA Merrill Lynch continues to see its adviser ranks shrink, but average productivity is growing, topping $1 million for the first time thanks to strong markets.
Fairholme Fund boss now has 7% of fund's assets in Fannie Mae, Freddie Mac; joins suit, too
Sponsors increasingly asking advisers about ways to boost participants' results
Number of Vanguard plan participants investing in professionally managed offerings up 50% since 2007; diversification more diversified
Advisers on the east coast hunker down ahead of Hurricane Sandy, described by meteorologists as a 'once-in-a-century' storm.
Some fear overreaction from retail investors as Fed begins reducing QE
Fundamentals support gains in the commodity, while some still see good reason to invest in gold
Metal drops below key $1,300 level after Dallas Fed President Fisher suggests QE end in sight.
Investors give IPO lukewarm reception amid 'chaos' in closed end fund market.
What's next for the thrill-a-minute Treasury market? Traders say a leveling off of the term premium on government notes suggests the days of spiking yields are over.
