SIFMA wants Finra to raise the threshold for reporting settlements with customers to $25,000, from $10,000.
While you can’t always guarantee investment, you can guarantee service that will make your clients feel valued.
The deal makes Hartford-based ING Wealth Management the third largest defined contribution business in the country.
Billionaire money manager Jeffrey Epstein was sentenced to 18 months in jail for soliciting prostitution.
Last time, I discussed the rationale behind accelerating the payment of taxes rather than deferring taxes for as long as possible.
Many analysts have commended Southwest Airlines Co. for hedging its fuel prices years in advance, thus allowing it to remain profitable while the rest of the airline industry fell into or barely avoided bankruptcy.
The Federal Reserve Board and the Securities and Exchange Commission met last week to hash out a way to fill the regulatory gaps revealed by the mortgage bubble and its consequences.
More than two years after its creation, the Roth 401(k) is finally gaining traction in company plans, such as those managed by The Hartford (Conn.) Financial Services Group Inc., The Vanguard Group Inc. and Merrill Lynch Retirement Group.
The nation's stock exchanges and a major trading platform have entered into new arrangements with Google and Yahoo to provide last-sale trade data at no cost to online users.
AIG Advisor Group, continuing to play a game of musical chairs with the executives in charge of its various broker-dealers, has replaced James Cannon with Jeffrey Auld as president and chief executive of both AIG Financial Advisors Inc. of Phoenix and American General Securities Inc. of Houston.
AIG Advisor Group continues to play a game of musical chairs with the heads of its various broker-dealers, this time replacing James Cannon with Jeffrey Auld, who becomes president and chief executive of both AIG Financial Advisors Inc. of Phoenix and American General Securities Inc. of Houston.
A Morningstar platform for advisers will offer a portfolio analysis feature, and E*Assist is offering form generation.
A bill to increase penalties for people who commit securities violations against seniors was introduced in the Senate today.
Boomers, already strapped for cash, stand to lose even more money by caring for their parents, according to Fidelity Investments in Boston.
A Massachusetts securities regulator today sued two units of UBS AG, charging the employees with fraud and dishonest conduct in sales of auction rate securities.
The Senate Banking Committee today unanimously approved three nominees to be members of the Securities and Exchange Commission.
Fidelity's IRA market share is about 13.7% as of the fourth quarter of 2007, up from 12.7%, the previous year, according to Cerulli.
Last week's order that Next Financial Group Inc. stop violating privacy regulations when recruiting brokers upended a key tenet of independent-contractor broker-dealers: that independent representatives — and not broker-dealers — are at the center of the relationship with the clients.
Schwab Performance Technologies of Raleigh, N.C., which acquired Etelligent Consulting Inc. in February, said last week that a revamped version of the Etelligent product is now available on Schwab's PortfolioServices platform.
