Mix masters? Advisers getting better at optimizing client rosters
AUM down in 2011, but production up; 'focusing more on their larger accounts'
Putnam CEO calls for new regulator to oversee lifetime-income products
Putnam Investments ceo Bob Reynolds today called for the establishment of a regulatory body to approve lifetime-income products.
Oklahoma State U., T. Boone Pickens tangle with Lincoln National
Oklahoma State University's athletic fund and Lincoln National Life Insurance Co. are embroiled in a legal flap over a failed charitable-insurance-funding plan.
Tech events held by T3, FPA Business Solutions redundant
Having attended the Technology Tools for Today and FPA Business Solutions conferences for several years, and served on the latter's business task force for the past four, I have come to the conclusion that the two events overlap.
Shorting long-term care
Although most adults agree that the recession has necessitated new long-term financial plans, they continue to ignore long-term-care insurance.
Guggenheim scoops up insurer to build fixed indexed annuities
Guggenheim Partners LLC is ramping up its presence in the fixed-indexed-annuity realm with the purchase of an insurer
Ruling is Stoli setback for Principal Life
A federal court decision in Pennsylvania has notched a win for life settlement investors.
Updated stable-value funds making a comeback
Stable-value funds — onetime retirement plan favorites that were tarnished in the wake of the financial crisis —…
Lenny Dykstra as investment guru? Advisers say, ‘Be leery, dude’
Less than nine months after filing bankruptcy, Nails is back in the investment game.
Banks missing a trick by not selling insurance: Survey
Sales of insurance — as well as investment products — tends to attract more profitable customers; big edge in trust over brokerages
SEC fraud case could give new life to life settlements controversy
Life Partners accused of misleading shareholders about mortality estimates; securities or not?
Piper Jaffray downplays takeover talk
But reports of a possible Chinese suitor heat up the floundering firm's share price
Guggenheim eyes combining Claymore and Rydex, sources say
Melding of two acquired units would create seventh-largest ETF provider; 'scale business'.
Investors paying through the nose for Pimco closed-end funds
Debt funds trading at steep premium; 11.5% hard to pass up
Life settlement products turn out to be killer for Tex. reps
Texas securities regulators last week fined a pair of Corpus Christi-based brokers for their alleged sale of notes…
Housing biggest expense for 50-plus set
The majority of spending for Americans over 50 goes to mortgages, property taxes and other home-related expenses, according…
Big threat for big wealth managers? Their local bank
Community and regional banks nabbing clients from wirehouses and larger financial institutions; 'easy to buy assets'
Biggest expense for Americans over 50? Not health care
Out-of-pocket costs on drugs and medical insurance are the second-most-costly item for older folks.
INsider: Something Obama and the GOP can finally agree on?
Some politicians who received money from alleged Ponzi-schemer R. Allen Stanford have thus far refused to return the cash, instead making charitable donations.
SEC sued for ‘inexcusable acts of negligence’
Allen Stanford investors claim regulators should have glommed on to the Ponzi scheme much earlier.
