After months of speculation, Regions Financial finally sells Morgan Keegan. The price tag? A whopping $930 million. The buyer? Raymond James.
The back-and-forth touched off by NAPFA's announcement last Tuesday to go all-CFP next year highlights the fact that after decades of discussion and debate, the financial advisory business is still struggling to define itself.
Proposal would have hiked continuing-education requirements for registrants; no shortage of comments.
Brokers at Edward Jones are being asked to sign a new employment contract. While the agreement is not new, the tough wording has caught some reps by surprise.
A potential proposal by Finra requiring reps to dislose their recruitment incentive to clients is drawing decidedly mixed reviews. Dan Jamieson reports on the reaction.
Full disclosure on recruiting packages? Bring it on!
If lawmakers try to balance the federal budget by taxing muni bond income, individual states will have the green light to start taxing the income from Treasury bonds owned by state residents.
New data shows richest Americans getting richer, while ranks of middle-class and lower-income earners swell
Median household wealth zapped by stay of over thirty days; the good news — once you're broke, Medicare kicks in