Ex-con builds cult following blogging about investments
Armstrong spent 11 years in jail for covering up losses at his firm; stash of gold all gone?
Mixed quarter for money managers as volatility hit inflows
Asset managers reported mixed success in attracting inflows for the second quarter as a pickup in market volatility weighed on investors' appetite for riskier assets.
Is TD Ameritrade setting the stage to buy E-Trade?
E-Trade Financial Corp. shares surged late Wednesday after media reports fed speculation that rival online broker TD Ameritrade Holding Corp. could make a bid for the company.
401(k) holders who bailed on stocks in 2008 made out worse: Fidelity
Fund firm says staying the course works; investors' resolve tested sorely this week
Brooklyn money manager gets 20 years for Ponzi scheme
The longest-running Ponzi scheme ever? Philip Barry, a money manager from Brooklyn, was sentenced to 20 years in prison for running a $45 million Ponzi scheme that defrauded hundreds of investors over three decades.
Monthly fees won’t fly, so banks piling into crowded family office space
Retail accounts of many banks not money-spinners; Wells Fargo latest to join field
Abbot Downing launch to vault Wells Fargo into family office top four
New unit named after maker of bank's trademark stage coach
S&P swings ax as ratings cuts come fast and furious
Credit ratings agency follows its downgrade of US long-term sovereign credit rating with a host of additional downgrades.
Volatility as an asset class
Thanks to the exchange-traded fund industry, hedging stock market volatility — or betting on it — has never been easier
Buying stocks now will prove to be ‘uniquely rewarding experience:’ Wilbur Ross
Billionaire going bargain hunting amid market turmoil; knows a thing or two about distressed assets
TAX DEDUCTION: Executive stock options would lose giant break
Sen. Carl Levin, D-Mich., introduced a bill that would close a tax loophole that allows corporations a large…
Mortgage tax break set for the wrecking ball?
Poll reveals more Americans willing to give up home-loan interest deduction
Morgan Stanley Smith Barney data theft — yet another reason for advisers to adopt encryption
My favorite-blog-post-title-of-the-year-so-far award goes to Adam Levin, founder and chairman of Credit.com: The Morgan Stanley Smith Barney Breach: Losing Client Data the Old Fashioned Way. Actually, I'm not sure if it is a blog or a true news site, regardless, it is not the typical news outlet you would expect for such a large story.
Barred-broker-turned-politician sued by Baird
The firm is seeking $344K from the ex-broker - and current Hamilton County, Ohio trustee - for alleged 'unauthorized withdrawals' from a client's account.
How centers of influence can help build your book of business
In many ways, expanding an advisory business is like dating. Similar to the way people turn to friends to set them up, some financial advisers, such as Eliot Weissberg, have relied on local professionals to help recruit clients.
Pershing Square’s Ackman said to consider IPO for hedge fund
Known for investing in companies to press for changes, Bill Ackman is considering selling shares in a hedge fund to secure more permanent capital for investments.
ProShare launches first 130/30 ETF
ProShare Advisors of Bethesda, Md., today announced the introduction of the first exchange traded fund to follow a 130/30 investment strategy.
Best state to get a divorce? It’s not where you think
Getting unhitched in New Hampshire usually takes less than a day; things very different next store, though
Annuity fees a turnoff for clients and advisers
Products are 'difficult to assess,' commission-based distribution seen as a problem
