The London hedge fund manager projects net management fee income to grow 15% from the year-ago period.
A "patchwork of regulators" are "unable or unwilling" to protect the American people, said Sen. Barack Obama.
The bill is expected to pass the House by summer, but will not make it through the Senate, lawyer James Delaplane said.
Most advisers are clueless about important tax rules that impact individual retirement accounts, CPA Ed Slott said.
Orders for durable goods were down 1.7% last month, after a 5.1% drop in January, according to the Department of Commerce.
The U.S. consumer confidence dropped again in March falling to the lowest figure seen since March 2003.
Residential real estate prices fell precipitously in most metro areas, according to the S&P/Case-Shiller Home Price Index.
Annuities are from Principal Financial Group, Symetra Life Insurance and firms affiliated with MetLife Investors.
Aflac's directors have released a proxy statement inviting its shareholders to vote on performance-based compensation.
Fortress recorded a loss in the fourth quarter due to compensation-related expenses related to its IPO last February.
Sales of existing homes increased by 2.9% in February to a seasonally adjusted rate of 5.03 million units, following six consecutive monthly declines.
Even as the financial services industry scurries to provide advisers with better retirement income vehicles, advisers continue to criticize the new products.
Mutual Service Corp. faces at least one arbitration claim for allegedly failing to supervise a mortgage broker whose practice collapsed last September under the weight of a nearly $30 million fraud.
Nouriel Roubini, one of the biggest bears on Wall Street, wasn't surprised by the fire sale at The Bear Stearns Cos Inc. of New York. He said it just reinforces his 12-point gloom-and-doom outlook, which he unleashed on Wall Street in February, and he now thinks that total financial losses in the credit debacle may top the $1 trillion he previously projected.
With inflation expectations on the rise, now is a good time to consider what strategies you might implement for your retired clients to respond to a possible upturn in inflation.
Despite the challenges faced by today's physicians — the soaring cost of malpractice insurance and declining insurance reimbursements are just two — doctors remain one of financial advisers' most sought-after niches
The hunt for alternatives managers is greater than any other type of manager this year, according to a new survey of consultants' expected searches for 2008.
The dollar rose to 1.5341 per euro, the largest gain since March 12, and advanced to 100.04 yen per dollar in trading in Japan.
Not that we needed much confirmation, but the Federal Reserve Board's actions last week confirmed the seriousness of the financial crisis that was triggered by the bursting of the housing bubble.
With stock market volatility on the rise, the time is right for financial advisers to consider convertibles for a place in client portfolios.
