The independent broker-dealer industry came roaring back in 2010, with the 25 biggest firms collectively reporting a 16.9% increase in total revenue, compared with the year before
Ameriprise Financial Inc., two of its Securities America units and a group of investors who sued them asked a U.S. judge to approve a proposed $80 million cash settlement.
Probable push-back in deadline for registering with states will buy advisers some time; agency under 'tremendous pressure' .
House Republicans presented a blueprint for the fiscal 2012 budget on Tuesday that seeks to end what they see as an onerous provision of the Dodd-Frank financial reform law, dials back federal spending to a level that Securities and Exchange Commission officials say would hamstring the agency and recommends a tax overhaul that includes eliminating major tax breaks.
Bill by Senate Banking Committee's Jim Demint would scrap the regulatory overhaul that aims to make sweeping changes to oversight of derivatives, consumer lending and business practices at financial firms.
Wirehouse's network said to have been breached by massive attack from servers in PRC government; M&A info may have been target
After months of speculation, UBS today named Robert McCann as its new head of wealth management in the Americas
The president's policy goals are reflected in his personal money management, according to an expert who reviewed the tax returns the country's chief executive made public after paying his family's annual bill to the government he runs.
A time-honored method of detecting cheap stocks is to look for ones that sell below book value.
“Anemic” default-contribution rates among defined-contribution plans using automatic enrollment stand in stark contrast to what plan executives consider optimal savings rates, a survey of 101 plans by the Defined Contribution Institutional Investment Association has found
Michael Oxley of 'Sarbanes-Oxley' fame will push for self-regulation of investment advisers
As consumers manage more of their lives via smart phones and iPads, financial services companies are trying to ensure that they don't get lost in the electronic shuffle
Ex-Charles Schwab Corp. investment company manager Randall Merk agreed to pay a $150,000 civil fine to resolve a Securities and Exchange Commission lawsuit accusing the company of misleading investors in its YieldPlus fund.
Whether it's breaking the news to a client that he's just been fleeced by his own brother or that because of his meager savings rate, he's going to have to work beyond 65, good financial advisers never skirt the hard truths
Ameriprise Financial Inc., two of its Securities America units and a group of investors who sued them asked a U.S. judge to approve a proposed $80 million cash settlement
Finding good sources of referrals and winning over prospects is more of an art than science.
The Securities Investor Protection Corp. is taking issue with a warning from the SEC's inspector general that the cost of liquidating Bernard Madoff's firm and Lehman Brothers could deplete the SIPC's reserve fund
