A significant update to the popular financial planning program MoneyGuidePro was rolled out last week.
State insurance regulators yesterday voted in favor of using a new method to evaluate residential mortgage-backed securities that would allow them to reduce the capital requirements related to these investments.
Americans' confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, a private research group said Tuesday, fueling speculation that an already gloomy holiday shopping forecast could worsen.
Three institutional infrastructure money managers are the latest to have stopped fundraising efforts amid a drastic reversal in fortune.
The real estate boom and bust is hanging over many independent broker-dealers and their financial advisers as the market for non-traded REITs soured this year.
Recent and upcoming unit sales at Boston Private Financial Holdings Inc. will give the bank holding company enough cash to repay government bailout funds without a capital raise, an analyst said Wednesday.
Stock futures are pointing to a modest decline Monday as investors try to balance concern about fallout from Dubai's debt crisis against encouraging signs from U.S. consumers.
The stock market closed out its best month since the summer, posting big gains for November even as investors worried about the strength of the holiday shopping season.
Fidelity Investments today unveiled an expanded Transition Solutions program that it says will help brokers at large firms make sense of the options open to them as they weigh independence.
Fidelity Investments experienced outflows in its long-term mutual funds in October — the first time the fund behemoth has seen net outflows in months.
The price of gold surged to a fresh high Wednesday as the dollar fell to a 15-month low.
Raymond James Financial Inc. has no immediate plans to buy back its common stock, given the continuing hard times in the markets, the retail-dominated brokerage's president said today.
With the recession apparently over, the Federal Reserve held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery.
The investment advisory division of Raymond James Financial Services Inc. has raised the minimum level of assets under management for new clients to $50 million, from $30 million.
Raymond James Financial Services revealed a new strategy for targeting “elite” registered investment advisers.
For months, large financial services companies have been laying off people by the hundreds — but it is a different story for smaller advisory firms that must say goodbye to employees who have become like family members.
Swiss Reinsurance Co. Ltd. today issued a $150 million natural-catastrophe bond using the capital markets to protect itself from natural disasters.
Thanks to foot-dragging by Congress and the Department of Labor, millions of participants in defined-contribution retirement plans have struggled through the financial crisis and market crash without
Annuities coupled with long-term-care benefits could make a splash next year if the IRS and insurers can hammer out a tax kink that threatens to dull the appeal of the new hybrid.
There are few places in the tax law where one can “undo” an earlier taxable act.
