The bank will separate its investment banking, global asset management and wealth management units.
Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
Raymond James' two primary broker-dealers are being scrutinized over ARS sales.
LPL Financial will increase its outgoing account transfer fees for retail accounts and termination fees by $20.
Qualifying investors will have the option of getting their claims heard by a three-person panel of arbitrators.
Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.
The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.
Placemark Investments new United Capital relationship is its second significant deal in the RIA space.
One person's trash is another's alpha.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
Financial advisers need to pay more attention to their clients' art collections, according to experts who are trying to bring the art and financial worlds closer together.
Over the past six years, international stocks — those of companies from both developed countries and emerging markets — have outperformed U.S. stocks by a wide margin.
Securities America Inc. has made a splash in the roiling mergers and acquisitions market for independent broker-dealers, and it could make more waves soon.
When David Devoe talks about mergers and acquisitions among RIA firms, advisers pay attention.
The practice of fine wine investing, which has appealed to wealthy and sophisticated collectors for ages, is coming out of the cellar and could emerge as a legitimate alternative-asset class.
Because of slumping second-quarter sales of variable annuities, industry observers believe fixed annuities could benefit.
As layoffs rise, some financial advisers are encouraging their clients to come up with contingency plans in case they lose their jobs.
Oil prices tumbled this morning on news of a stronger dollar, despite fears over a supply shortage after the threat of a terrorist attack.
UBS AG has agreed to buy back $19.4 billion in auction rate securities on which the value collapsed in February.
