Former executive chairman leaving behind $91 million salary, stock and cash bonuses plus retention award.
Investors pull just $9.5 billion from flagship fund after $32B drawdown in October.
Morningstar report says outflows of $300B to $350B in next few years could hit firm's bonus pool, lead to key departures.
Policy makers say labor market has improved while inflation likely to remain subdued over the near term.
BlackRock sees a future in portfolios that emphasize social goals.
Cascading economic troubles spark concern over possible Moscow market controls.
Popularity is rising among philanthropically inclined investors hoping to offset capital gains taxes.
Rumors of the bull market's demise have be exaggerated, so don't count the annual Santa Claus rally out.
Though new board has wide support among state regulators, GOP senator cries foul over infringement of states' rights.
New filings by the liquid alts mutual fund manager offer details for its long-anticipated ETF debut.
Friday's <i>Breakfast with Benjamin</i> menu also includes: There's always John Bogle ... or not; how much insider trading is now legal, about that spike in gold and the battle between oil and stocks is about to turn.
Start your week with <i>Breakfast with Benjamin</i>, featuring serious speculation about how bad oil prices might get. Plus: Russian equities take a direct hit, gold prices tank on a Swiss no-vote, and using Cyber Monday to satisfy your inner foodie.
Insurance giant AIG tweaks existing deferred-income product to meet Treasury's guidelines. But will it satisfy the market? <i>(Don't miss: <a href="http://www.investmentnews.com/gallery/20141121/FREE/112109999/PH" target="_blank">Top sellers of individual annuities</a>)</i>
Consultancy says fund houses must pivot to independent advisers and new products to drive growth.
With Congress adjourned, rejected bills, such as one facilitating insurance agents' ability to practice in multiple states that was blocked by Sen. Tom Coburn, will need to be reintroduced next year.
For advisers who want to expand their firms by reaching out to the next generation of investors – those in their 20s, 30s or 40s – long-term and cross-generational financial vehicles such as fee-only life insurance and no-load annuities offered to clients of RIAs through Ameritas Advisor Services should be considered as a central part of the effort.
Legendary Vanguard founder invests only in U.S. and, of course, in index funds.
Falling oil prices, accelerating economic growth to provide fuel for further gains.
Advisers willing to wait to get into the carrier's VAs and if history is any guide, first quarter sales will jump.
Berthel Fisher among firms that have lifted suspension, but others housing 29,000 advisers confirm they haven't.