Dodd-Frank will be leading to changes in the SEC's adviser exam program, according to Robert Stype, managing partner at ACA Compliance Group.
The U.S. Labor Department sued four investment firms for allegedly failing to examine swindler Bernard Madoff's business practices before entrusting him with hundreds of millions of dollars in pension funds.
It may too late to jump on the gold bandwagon, but it's also too early to bail out of the precious metal, according to Jim Porter, manager of the Aston/New Century Absolute Return Fund Ticker:(ANENX).
In the clash of the two largest U.S. brokerages, Bank of America Merrill Lynch is generating more profit with fewer people than Morgan Stanley Smith Barney LLC.
Former Wall Street chieftains Philip Purcell and David Pottruck’s plan to snatch superstar brokers for a start-up advisory firm and independent broker-dealer is making significant strides as a top broker is preparing to leave the ruins of his old firm and go independent.
Wall Street is likely to lose yet another superstar securities broker to the investment advisory side of the business, as Richard Saperstein prepares to leave JPMorgan Securities and take his $10 billion book of business to a startup, according to sources.
Ireland and Greece should have declared bankruptcy. Ben Bernanke is inept. College students should abandon their finance programs and study agriculture or mining.
Who are the largest RIAs in the country? What firms are growing faster than all of the others? Find out in the latest quartely version of this <i>InvestmentNews</i> special report
Although it is widely underused, donating appreciated securities is perhaps the most straightforward and tax-smart way to give
With an insider trading probe sweeping across the financial services industry and a multibillion-dollar sovereign-debt crisis unfolding in Europe, investors might find the feel-good idea of impact investing appealing right about now.
A broad coalition of accounting, financial planning and consumer groups are hoping that the new Congress will take up a long-sought-after ban on the practice of patenting tax strategies
Next Financial Group Inc. was hit last month with its third significant regulatory action in three years when Finra socked it with a $400,000 fine and $102,000 in restitution to clients.
Morningstar Inc. may consider reviewing the way it displays information to financial advisers and their clients about returns on variable annuity subaccounts.
Those crafty Canadians at Emerging Information Systems Inc. know how to keep financial advisers coming back for more.
The following is a 4 Step process to building a pipeline in the matter of a few months (maybe even weeks) by utilizing this feature. The concept is simple, but takes some discipline to follow.
Leaders of a presidential deficit commission recommend the elimination of all tax breaks for retirement, life insurance and employer-sponsored health care plans in their final report, which was released Wednesday and will be voted on by the full panel Friday morning.
A New York man received five years' probation for defrauding his customers of more than $66 million they thought was invested in the foreign-exchange market and instead was spent on art and an Aston Martin car.
Morningstar Inc. may consider reviewing the way it displays information to advisers and their clients about returns on variable annuity subaccounts.
The House of Representatives approved on Thursday a bill that would permanently extend Bush administration tax cuts for the middle class but allow rates for wealthier taxpayers to increase.
The global financial markets are still trying to regain some stable footing following the $116 billion bailout of some of Ireland's largest banks.
