Worried about outlasting your savings? Worry no more; N.Y. Life has you covered
UBS Financial Services Inc. has agreed to pay $10.75 million in fines and restitution to settle Finra allegations that its advisers misled clients about the “principal protection” feature of a Lehman Brothers Holdings Inc. bond product sold a few months before that firm filed for bankruptcy.
Dynasty Financial Partners LLC has hired Loren Morris as director of RIA services
Financial advisers are investing their clients in real estate in a variety of ways. This<i>InvestmentNews</i> special report shines a light on some of the strategies, trip-ups and traps for investing in the asset class.
Peter Kraus has worked for more than two years to stem client defections from investment manager AllianceBernstein LP
The peak of the corporate proxy season is at hand, and advisers should remind their stock-owning clients to vote their proxies
Home loan giant Wells Fargo & Co. has agreed to pay $11.2 million to settle federal securities charges involving mortgage-based investments that Wachovia Capital Markets LLC sold to the Zuni American Indian tribe and other investors
The fines imposed last week by Finra on broker-dealers and executives involved in the sale of failed private placements are likely the first of many to emerge from regulators' crackdown on the sale of the securities
Bank risk managers appear to be a bit more optimistic about the economy than they were 10 months ago, but most still expect mortgage and home equity loan delinquencies to stay the same or rise in the near term, according to a recent survey
Officials forced to go virtual rather than show up in person; plenty of glitches
Jefferies Group Inc. (JEF) agreed to pay about $2 million to resolve Financial Industry Regulatory Authority claims that three employees failed to disclose conflicts of interest while selling auction-rate securities.
Fund manager believes 15% plunge may be coming; a recession, to boot
Regulator said James J. Konaxis churned victim's accounts, earning about $550K in commissions. l
Rep. Schakowsky want big increase in marginal rates for millionaires, billionaires
Amount equals about 10% of total client losses on Reg D notes later deemed fraudulent by the SEC
National Securities receives notice of imminent enforcement action; scrutiny likely stems from sale of Provident Royalties notes
Norton to run UHNW program for RIAs
Choice of veteran from within firm -- rather than from parent BofA -- could mollify some brokers; 'safe pick' .
Drexel renunion as Leon Black's Apollo's buys into Morgan Joseph TriArtisan; fees the key
