University of Pennsylvania defensive back Josh Powers may have a better opportunity than playing for college football's national championship: a six- figure Wall Street salary upon graduation.
Retirement industry leaders today pressed officials from the Labor and Treasury departments to ensure that any future “safe-harbor” rules for annuities in 401(k) plans also include other lifetime-income options.
Wilmington Trust Corp. confirmed today that it has hired Carol Baldwin Moody, the former chief compliance officer at Nationwide Mutual Insurance Co., as its new chief risk officer.
Robert P. Gehring, a 39-year veteran of the commercial banking industry, has taken over as head of the credit risk unit at Wilmington Trust Corp.
A broker-dealer executive and outspoken critic of the Financial Industry Regulatory Authority Inc. lost his appeal of a Finra suspension for failing to supervise his staff adequately.
More than 800 financial advisers weighed in on their practices, the economy and regulation in our annual special report.
Family homes, because of their great value and emotional ties, are a challenge in estate planning and require special handling
Revenue increased for a healthy majority of financial advisers over the past 12 months, according to <i>InvestmentNews</i>' 2010 Industry Attitudes survey — a clear bounce-back from 2009, when calamitous market conditions struck panic among investors and advisers alike
It's no surprise that advisers are worried about a multitude of economic problems
A common belief in the financial services industry is that individuals consolidate a large chunk of their assets among fewer providers as they near retirement
The biggest risk investors face is becoming too conservative at a time when equities present a potential long-term advantage, according to new research from MFS Investment Management.
The Small Business Jobs Act of 2010 includes a provision that allows certain 401(k) and 403(b) participants to convert their plan funds to a Roth 401(k) or Roth 403(b) within the plan
We've all read (or written) the stories about the average financial adviser, in his or her late 50s, who just can't seem to find the right succession plan.
Reaffirms independent broker-dealers' credit rating as 'stable'; brokerages could weather unexpected downturn
UBS AG, Switzerland's biggest bank, will probably report a fourth straight quarterly profit tomorrow and the lowest wealth management redemptions since 2008.
Sluggish recruiting and the continued slow migration of advisers to smaller firms has left the three biggest wirehouses either adding minimally to the work force or watching the head count drop
Adviser satisfaction ratings, based on the 2010 J.D. Powers survey
The world's richest clients often come with “impossible demands,” push margins down and cause internal conflict with investment banking colleagues, said the vice chairman of Barclays Plc's wealth management unit.
The court-appointed trustee seeking to recover billions of dollars lost by jailed financier Bernard Madoff sued three entities Thursday to get back more than $30 million that he said the Madoff family had invested, mostly in oil and gas properties and technology companies.
