Edward Jones is tops and Morgan Stanley Smith Barney LLC the worst in terms of financial adviser satisfaction at six national broker-dealers, according to a J.D. Power and Associates Survey released last Friday
The total comp doled out to Morgan Stanley's brokerage unit rose 41% in the first nine months of the year. The reason? Mostly, guaranteed payouts to Smith Barney brokers.
Let's hope President Barack Obama and members of Congress have made New Year's resolutions and that they plan to keep them
Participants in some 401(k) retirement plans managed by Vanguard Group Inc. now have access to advice from certified financial planners.
Yet another scandale is rocking Wall Street
As we enter the New Year, financial advisers are probably asking themselves about the strength of the recovery and whether their firm is positioned to capture new clients and talent
China's long on demand but short on supply of several key industrial metals. That's one reason analysts are picking silver -- not gold -- as the best commodities bet in 2011.
Worrisome shortage fuels big spike in price of red gold; 'where is all the new copper going to come from?'
When Alan Simpson and Erskine Bowles formally released their controversial deficit reduction plan earlier this month, they patted each other on the back as if to say, “Well done — everyone can find something to hate.”
Like automobiles, the future of long-term-care insurance may lie in hybrids.
MetLife Inc., the largest U.S. life insurer, will halt the sale of new long-term care coverage after citing “financial challenges” in the business.
Genworth Financial Wealth Management Inc. has appointed Eaton Vance Investment Managers as a portfolio strategist for its client accounts.
Investors continue to flee the bond market in droves. Meanwhile, Bill Gross, Pimco's legendary bond guru, keeps plowing prodigious amounts of his own money into debt funds.
Hundreds of financial advisers switched firms this year, many looking for opportunities to build equity in themselves and some exiting after mergers, according to <i>InvestmentNews</i> data.
A Wirehouse Adviser, Regional Firm Broker, and a Boutique Firm Adviser are sitting with me for dinner. None of them are particularly happy with their current firms.
The U.S. Securities and Exchange Commission froze the assets of a North Carolina investment firm and its owner, claiming he diverted more than $16 million from clients including pension funds, school endowments and hospitals.
Last August, a well-publicized technical indicator called the Hindenburg Omen predicted an impending market crash.
