Slowly but surely, advisers are becoming more comfortable with exchange-traded funds. Not surprisingly, Charles Schwab says fixed-income ETFs were the clear favorites of RIAs in 2011.
Warren E. Buffett, the billionaire investor known for his record of beating the market when stocks languish, oversaw a decline in his company's value last year as the S&P 500 ended unchanged.
The U.S. Internal Revenue Service said it audited 12.48% of individual tax returns with income exceeding $1 million during 2011, an all-time high.
CapWest Securities Inc. last week filed its broker-dealer withdrawal papers with the Financial Industry Regulatory Authority Inc.
University of California undergrads propose 20-year tuition plan; five percent solution?
Look to end tax loophole for businesses, use proceeds to provide more financial aid to students
Courts reluctant to discharge loans, often forcing graduates to pay off enormous sums; parents increasingly on the hook, too
CPI up 3 percent, but Princeton raises prices by nearly 5 percent
Millionaires overwhelmingly support the Buffett tax on the wealthy. The catch? Millionaires also say they're not wealthy -- and therefore should not be hit with the surcharge.| <b>Extra</b> <a href=http://edit.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20120112&Category=FREE&ArtNo=112009999&Ref=PH>10 worst states for retirement &raquo;</a>
TD Ameritrade Institutional is helping its parent company bring in higher levels of net new assets.
In a bold move, the normally conservative Raymond James agreed to buy Morgan Keegan for $930 million. Now, the company will have to keep recruiters at bay while it tries to hold onto the brokerage's top talent.
Will invest half of assets into just five stocks
Diamonds stick pins in gold bubble; demand for gems far outstripping supply
Class warfare is likely to be a major theme of the 2012 election, with bottom-line consequences for financial advisers' affluent clients.
Bank of New York Mellon Corp. was sued on behalf of three funds for negligence in connection with the Ponzi scheme run by convicted fraudster Bernard L. Madoff.
Analysis of Newt Gingrich's tax plan would cut taxes for 70% of households and reduce rates for the highest earners compared with what they pay now.
It's anything but a virtuous cycle. The markets are down. Financial advisers who base their fees on assets under management are hurting. The only fix? Raise prices. But how can you in this market?
Under pressure from a challenging economic environment, John Hancock Life Insurance Co. has pulled back on its annuity distribution and expects to withdraw an array of fixed, variable and immediate annuities
Planned purchase of ING Direct gets nod from Federal Reserve
