A pair of registered representatives with Planmember Securities Corp. in Texas face the loss of their securities licenses and fines of $100,000 each for the improper sale of life settlement notes.
Some say rise in manufacturing will lift prices; others point to a glut of product
Harder to make transaction fees without transactions
CEO says firm would pick up plenty of advisers
Fall of Sino-Forest catches investors big and small unaware; 'gut wrenching'
The global economic crisis is leading to a possible “developed economy” recession in Europe and the United States that may be hard to alleviate, according to Pacific Investment Management Co. LLC's Bill Gross
Oil fell to the lowest level in more than five months in New York, erasing 2011 gains amid growing evidence the U.S. economic recovery is stalling and sapping demand in the world's biggest consumer.
Older Americans also took Social Security earlier, with diminished payouts; 'profound impact on adults'
Ranked by 2010 assets under management
Ranked by 2010 assets under management
Asset manager launches mutual fund suite for 401(k) funds
It was a good quarter for the giant asset manager. Income soared, assets under management climbed, and the exodus of Barclays clients slowed dramatically.
Stifel Financial Corp., which has quintupled revenue since 2005 with nine acquisitions, may find its biggest takeover opportunity yet in Regions Financial Corp.'s Morgan Keegan & Co.
A parade of Industry experts and regulators testified in front on a Congressional panel today on whether investment advisers need a self-regulatory organization. The upshot? An SRO is necessary -- and Finra may be the best bet for the job.
A Brookings Institution proposal would take away Americans' variable tax breaks on retirement contributions in exchange for a flat tax credit to be deposited automatically into the saver's account.
Offering a record keeper's funds does not lead to a violation of fiduciary duty, Reish says
UBS Financial Services Inc. has hired on three long-time Merrill Lynch financial advisers managing $450 million in assets and producing $2.85 million in fees and commissions over the last 12 months, the firm announced today.
The clock is ticking at Regions Financial Corp. and for the approximately 1,200 brokers at its investment bank, Morgan Keegan & Co. Inc.
A new online database allows donors and advisers to search for donations of $1 million or more
