After his business fell apart, Ed May asked a former client to put money into a new set of investments.
Senior official says SEC has formed a working group to look into “rampant” insider trading among Street pros.
Some 77% of respondents to an InvestmentNews survey plan to reach out to clients in areas affected by wildfires.
The regulator said it would give temporary leeway to firms affected by the California wildfires.
The Oregon College Savings Plan will combine principal protection with upside potential.
The mutual fund trade group asks the state to repeal a new sales tax on investment advice services.
The worse-than-expected third-quarter losses raise questions as to the fate of chief executive Stanley O’Neal.
Legislation mandating complete transparency in 401(k) fees is set to be introduced in the Senate this week.
The Labor Department has turned down stable-value funds as a default investment in 401(k) retirement plans.
National Planning Holdings Inc. has begun a program to hire and manage an in-house licensed and trained assistant.
Two new tax efficiency tools are available to help advisers in portfolio management, specifically with the complex decision making as-sociated with their clients' stock holdings.
Many financial planners and investment advisers have helped small companies establish 401(k) retirement plans for their employees.
There just aren't enough planners to go around, according to leaders of the financial planning profession. Speaking this month in New York, Nicholas Nicolette, president of the Denver-based Financial Planning Association, said some firms will need to double or triple in size in the near future.
Here is a quick quiz that will test your qualifications to fill either of the two current openings on the Securities and Exchange Commission:
The Phoenix Cos. Inc. has formed an alliance with Jefferson National Life Insurance Co. in which Phoenix will use the Jefferson technology platform to offer no-load variable annuities to fee-based advisers at wirehouses and regional broker-dealers.
With the third-quarter-earnings season in full swing, financial advisers and analysts are finding similarities between this technology boom and the previous one — and they can't help but wonder if another bust is on the horizon.
As we spoke, I could tell by the glint in his eye and his body language that Michael L. Weiss, chief executive of Frontier Financial Advisors LLC, is a helluva salesman. The fact that he was several miles away was just a technicality.
Merrill Lynch has launched an independent broker-neutral platform for its prime brokerage clients in the hedge fund industry.
Cory Little will head the private banking and investment unit in Boston's global wealth management group.
