Don't write the obit just yet: experts like BlackRock's Bob Doll and Morgan Stanley's Richard Berner say U.S. households are 'heading in the right direction' by saving more and borrowing less.
Older workers are feeling more confident about their ability to retire comfortably, but younger workers, particularly those with defined-contribution plans, are growing increasingly worried.
In a move that one industry expert dubs 'a big hit,' the fund firm sees its 10-year relationship with the state come to a halt
The tennis great, as well as the estate of actor Robert De Niro's father lost millions in the scam, according to one attorney
Capitol Investment's Shapiro solicited clients for bogus grocery distribution company; nearly $1B Ponzi scheme
Five years ago, when <i>InvestmentNews</i> decided to partner with the Invest in Others Charitable Foundation Inc. and the Community Leadership Awards program, I had no idea where the involvement would take us.
Bank of America Corp. settled a lawsuit filed by a broker who claimed the bank's Merrill Lynch & Co. unit discriminates against women through its partnership model.
A dually registered investment adviser and broker defended his investment strategy after being charged today by the Securities and Exchange Commission with switching clients in and out of related funds without telling them the changes would boost his commission.
Delaying until 2011 might save money, consternation; blueprint for transition not exactly 'etched in stone'
Namvar accused of stealing $23M from clients to pay off other investors; bigwig in Persian Jewish community
Don't give credence to predictions that inflation is gone for good, said Nobel laureate William Sharpe.
Finra's directive requiring firms to ramp-up their disclosure about broker terminations could trigger defamation suits, lawyers say. And it may not be so good for the brokers, either.
Many of us rarely step out of our rigid routines to reach out to others. As much as we want to volunteer our time, donate money or lend a helping hand, we often seem consumed by work, taking care of our families and getting through our daily lives.
Some analysts say that deflation's bad rap might be undeserved.
Jerry Pascucci, the chief investment officer for alternative investments at Morgan Stanley Smith Barney, is joining the U.S. wealth management unit of UBS AG to run alternatives for high-net-worth clients.
Goldman Sachs Group Inc. said second-quarter profit dropped 82%, missing analysts' estimates on a slide in trading revenue five days after settling U.S. regulators' fraud allegations.
TD Ameritrade Holding Corp., the third-largest retail brokerage by client assets, reported fiscal third-quarter profit that beat the average analyst estimate as customers traded more and added assets to their accounts.
SAN FRANCISCO — Hoping to attract some of the torrent of private-equity capital showering Wall Street, a financial adviser in suburban St. Louis is looking to bundle his brethren’s practices and sell them en masse in the private-equity market.
Current 15% rate due to expire this year; paygo rule 'could make it virtually impossible' for Congress to cap rate at 20%
A Finra arbitration panel last week awarded a client of Fidelity Brokerages Services LLC $110,000 because her account got lost in the shuffle at the mutual fund and brokerage giant.
