Midsize variable annuity writers such as John Hancock Life Insurance Co., Lincoln National Corp. and Transamerica Life Insurance Co. are expected to give the biggest sellers a run in the race for market share this year
About half of the assets in our variable annuity portfolios are in passive funds, which are easier to hedge
Recruiters say laid off trainees and low producers won't have trouble lining up work
Robert W. Baird & Co. Inc. is opening up an office in Salt Lake City to offer financial advice with the help of Dean Cottle, a veteran wirehouse complex manager from Morgan Stanley Smith Barney LLC.
Amid the agony and angst felt by those who took a beating in last week's commodities meltdown, some financial advisers are patting themselves on the back for having steered over-enthusiastic clients away from gold and silver
Prices of commodities from corn to crude spike ever upward. Meanwhile, money managers are boosting their holdings in food and natural resources to near-record levels. But the question remains: will commodities be the great asset class of the 21st century -- or the great bust?
The Securities and Exchange Commission has alleged that an independent broker-dealer that was a leading seller of allegedly fraudulent private placements failed to conduct reasonable investigations into the offerings — and pocketed fees for due diligence without adequately researching the instruments
Lender making big push to win ultra-wealthy clients, with ex-Wells execs leading the charge
Brokerage did brisk business in 1Q while bank stuttered; share price hammered
Clients in less-populated areas will be left to get their advise from talking heads
Bank of America Corp. is running out of time to fulfill a promise to raise more capital by year-end and may be forced to make up the shortfall by paying some bonuses in stock rather than cash.
White House, lawmakers back VA probe of retained-asset accounts; 'unacceptable'
Negative publicity about so-called retained-asset accounts may fuel litigation, withdrawals by beneficiaries
The commodities rout that knocked off $99 billion of market value last week is driving out speculators and leading Goldman Sachs Group Inc., which forecast the plunge, to predict a possible recovery.
But money flowed into TDFs run by Vanguard and T. Rowe Price in the first quarter
A unique combination of psychology and technology might be just the ticket for getting investors to start taking their retirement savings more seriously
Variable annuities, which combine mutual-fund-like investing with income or other guarantees, are as controversial as ever — but investors increasingly are considering purchasing them, financial advisers say
MetLife Inc., the largest U.S. life insurer, has selected Steven J. Goulart as chief investment officer to oversee a portfolio valued at more than $450 billion
With a number of independent broker-dealers on the block, it's a buyers' market for those firms looking to expand their business through acquisition
