The financial markets are in a bit of a fight here between technicals and fundamentals. On a technical basis, a variety of widely-followed trendlines, moving average crossings, and resistance areas converge on the 1100 area for the S&P 500.
Despite criticism from the brokerage industry, a revamp of 12(b)-1 fees is long overdue
An additional 4,200 investment advisory firms regulated by the Securities and Exchange Commission will fall under the purview of state regulators if the Senate passes the financial-reform bill.
A prominent St. Louis wealth manager is suing a leading local law firm over a pre-nuptial agreement involving Jackson Pollock and Jasper Johns paintings, according to a report in the St. Louis Business Journal.
Analysts at firm see two main scenarios; neither are good
The economy will have to continue to muscle along without much help from consumer spending, according to a new Harris Poll.
Bond king reiterates view that supersized investment returns are thing of the past
Broker-dealers are scrambling for capital, with some turning to clients for financing. But that approach raises questions -- and possibly red flags with regulators.
Even if Republicans make gains in the elections, financial reform – including the push for a universal standard of care for advisers – will be hard to derail
Although it is still unclear whether the Securities and Exchange Commission will back a universal standard of care for brokers and investment advisers, one thing is certain: Investors want a single standard.
Insurance regulators in New York are joining Connecticut's insurance commissioner in examining whether The Hartford made improper disclosures or engaged in misleading practices in its marketing of a new variable annuity.
Among the many provisions in the SEC's plan to overhaul 12(b)-1 fees for mutual funds, perhaps the most contentious is the five-year grandfathering of existing share classes that charge in excess of 25 basis points.
U.S. stocks rose the most in almost two months as better-than-estimated growth in American and Chinese manufacturing bolstered confidence in the global economic recovery.
The next few rounds of corporate earnings reports are going to create some investment opportunities for anyone with the “guts to take on some risk,” according to Jeff Buetow, chief investment officer at Innealta Capital, a firm with $1.2 billion under management.
The Collection of the late chairman, president and CEO of A.G. Edwards & Sons in St. Louis will be sold this week at Christie's.
Although he quietly launched his own brokerage firm in St. Louis a year ago, Benjamin F. “Tad” Edwards IV — the great-great-grandson of Albert Gallatin Edwards, who founded A.G. Edwards Inc. in the 19th century — is moving right along with his expansion plans, having opened his first two branch offices in the past two months.
I thought the article “No profit in talking politics with clients” (Aug. 29) was spot-on.
Employers expect compliance with the health care reform law to account for nearly one-third of the projected 10% average increase next year in health benefit costs, but most are taking steps to keep that increase at or below 6% — a move that will cause many to lose grandfathered status, according to a survey by Mercer LLC.
