Financial market volatility has increased over the past several weeks amid growing investor concern over happenings in Europe, the prospect of increased financial market regulation in the United States and, more generally, worry that the economic recovery has hit a rough patch.
Whether they earn the league minimum or a superstar's salary, football players have to know the basics of handling money to succeed financially.
Christopher C. Davis is a portfolio manager of the Davis Large Cap Value Portfolios.
In signing off last Friday on the most sweeping overhaul of financial regulation since the Great Depression, congressional negotiators took a major step toward empowering the SEC to decide whether stockbrokers should be more accountable to individual investors.
House and Senate negotiators agreed to include the stronger House provision on fiduciary duty in the sweeping financial regulatory reform bill. <a href=http://www.investmentnews.com/article/20100625/FREE/100629931><b>(Get the rundown on the full reform, and how advisers and planners will be impacted.)</b></a>
In 2009, only 59% of the millionaires said they had regained trust in their financial advisers, while 56% said they had the same feelings about their wealth management firms and financial institutions.
Joseph Fortuna, Timothy Prete and Salvatore Tartaglione have left UBS for MSSB in Hartford, Conn.
Morgan Stanley Smith Barney LLC today appointed a new head of international wealth management products and services.
Morgan Stanley Chief Executive Officer James Gorman, who took over from John Mack in January, said he's not content with results for last year, when the company reported its first per-share annual loss.
U.S. regulators are poised to restrict investment advisers from giving money to politicians to win pension business in response to abuses in an industry that oversees $2.4 trillion of public retirement funds.
As you probably have heard by now, British oil giant BP PLC has agreed to endow the $20 billion mea culpa fund ordered by President Obama in his Tuesday night address to the nation.
A slate of challengers for three small-firm seats on the Financial Industry Regulatory Authority Inc. board have gathered enough support to seek a spot on the ballot for the upcoming board election.
Macro events such European debt issues, regulatory rhetoric and high unemployment all create opportunities.
Desperate to hang on to the gains in their clients' portfolios over the past few months, financial advisers are selling positions and moving into cash.
Finra-backed candidates who represent large and midsize firms are running unopposed so far in the regulator's upcoming board election, but a battle is brewing for three open small-firm seats.
A former SEC attorney who spearheaded the investigation of Pequot Capital Management Inc. — until he was fired in 2005 — says his own continuing efforts drove the Securities and Exchange Commission to pursue the hedge fund and its founder Arthur Samberg for insider trading.
Shaken by the recession and concerned about risk, brokerage firm clients are buying life insurance.
Insurer looks to branch out with new products aimed at affluent customers, business owners
