The Medallion Group of five independent investment advisory firms has joined the Fusion Advisor Network's partnership with NFP Securities Inc.
As competition intensifies to capture the 401(k) and other retirement plan business of small and midsize companies, wirehouses increasingly are allowing representatives who specialize in the niche to act as fiduciaries.
Says Bronx Bomber's co-owner owes Uncle Sam $670K; dispute stems from audit of MLB team's books
Five outside challengers for seats on the board of the Financial Industry Regulatory Authority Inc. will have their names placed on the ballot for the upcoming election.
Congress has decided to protect fraudsters from investors. It's supposed to be the other way around.
A former executive at Raymond James & Associates Inc. sued the company for $6 million, claiming he was fired after falling asleep as a result of chemotherapy.
Few things are as certain in estate planning as this: Celebrity deaths are sure to generate plenty of business for lawyers.
From March 31, 2009, through March 31 of this year, the number of advisers at regional broker-dealers jumped 2%, from 39,791 to 40,738.
Providing extra services to clients since the recession seems to be taking its toll on roughly half of advisers.
Mr. Vaill, who joined Boston Private in 1993, oversaw an acquisition-triggered expansion into the wealth management, asset management and private-banking sectors through much of his tenure
When comparing investment options, advisers need to look beyond traditional benchmarks such as alpha and fund manager tenure
In one of my recent OpINion Online columns, I compared wirehouse management to communist regimes before the fall of the Berlin Wall
Mutual fund companies are reporting a brisk business in Roth IRA conversions as a result of a change in the tax law, but there is one segment of the public that is decidedly cool to the idea, even though their financial advisers are urging them to take the plunge.
The clock is running down on home purchasers looking to qualify for a hefty tax break. But a new proposal in Congress would cut these buyers -- and those who lend to them -- a little slack.
Barclays Wealth has hired Don Milich and Clifford Wang as investment representatives, based in Atlanta, as part of its effort to continue growing its wealth management operations in the U.S.
In an age of automation, broker-dealers interested in alternative investments -- hedge funds, LLPs,, non-traded REITs and the like -- still rely on phone calls and faxes to conduct transactions. A new platform could change all that.
Barbara Jones sentenced the former WorldCom boss to a long stretch in prison. But attorneys say she's lenient to those who cooperate
It's been a tough week for the Wall Street giant. On Tuesday, the bank's executives were pilloried by a Senate subcommittee. Now, sources claim the U.S. attorney in New York is looking into transactions conducted by the firm.
Although the Roth conversion isn't for everyone, financial advisers must have the conversion conversation with every client who qualifies.
