With its long-running litigation woes seemingly coming to an end, Securities America suddenly faces a new challenge. Parent Ameriprise intends to unload the beleaguered B-D.
The Illinois Securities Department has revoked the registration of two investment adviser representatives for inappropriately liquidating clients' annuities to fund the purchase of fixed-indexed annuities
Assets in variable annuities reached an all-time high in the first quarter of the year. Cash inflows helped, but the high-flying stock market was the real reason the coffers bulged.
The average closing cost on a mortgage jumped from around $3,600 to more than $4,000 this year. It's even more expensive in these ten states.
Workers are more likely to retire after a period of strong equity returns, but they may be leaving the workplace at a time when their nest eggs are at the most risk.
A four-man team of financial advisers from UBS Financial Services Inc. managing $277 million in assets with trailing-12-month production of $2.5 million has joined the Palm Beach complex of Bank of America Merrill Lynch.
Younger boomers more optimistic about their finances but acknowledge that they will have to work some in retirement
Despite 'spectacular' ramp up in business profits, stock buyers remain on the sidelines; unemployment the hitch?
Financial advisers are fairly clear about what is in store for their clients: taxes that are unlikely to go down and may rise.
A proposal to cut Social Security costs and raise tax revenue by changing the way the government measures inflation ran into opposition from Democrats and Republicans.
A new study by the Government Accountability Office predicts that middle-class workers may well outlive retirement savings. The solution, the GAO says, is for workers to hold off on taking Social Security -- and buy annuities.
Financial advisers around the United States are taking advantage of the depressed corporate-real-estate market to move into bigger or more impressive office space that they couldn't have afforded before prices dipped.
Analyst claims she didn't say what she seemed to have said when she said it on national television
Vincent McCrudden is not backing down. The fund manager accused of threatening to harm Mary Schapiro and officials at Finra claims he's been hounded by regulators for a decade -- and is now being railroaded by prosecutors. Says McCrudden: 'I'll defend 100% of what I've written.'
See precious metal rebounding to nearly $2,000 an ounce; 'loss of trust'
The Magellan Fund was once the envy of the industry. But in recent years, it has bled assets and consistently under performed. Fidelity had to do something to right the ship. On Wednesday it did, bringing in a new portfolio manager.
Fed used custodians as fronts to funnel cash to besieged money-market funds; 'national emergency'
Increase in cash requirement sends prices tumbling; topped $1,800 an ounce on Wednesday
