Merrill Lynch is stoutly denying that its finance chief, Jeffrey Edwards, will get the boot.
A subsidiary of NYSE Euronext announced that connectivity to the BATS market center is available via the Secure Financial Transaction Infrastructure.
One of the nation's top-producing independent brokers is under investigation by Michigan securities regulators.
Financial advisers who are frustrated over perceived shortcomings in mutual-fund- rating systems soon will have a new prism through which to view funds.
The financial advisers with the fastest-growing businesses aren't succeeding by accident.
In an effort to get more wirehouse brokers to break away and become independent registered investment advisers, Schwab Institutional plans to roll out today an all-in-one benefits and payroll package designed for the newly independent RIA.
Independent advisers who are interested in separately managed account platforms but have always thought they were too expensive may want to take a fresh look at what is out there today.
The Master-Liquidity Enhancement Conduit seeks to prevent an asset fire sale and to stimulate credit markets.
A.G. Edwards & Sons Inc. has sued more brokers who left the firm in the wake of its recent merger with Wachovia Securities LLC.
For the most part, the current crop of software programs aimed at helping financial advisers manage their clients' assets through retirement fall short of their goals, according to a leading technology analyst.
There is something rotten in the state of Michigan. Gov. Jennifer Granholm and state lawmakers emerged from a recent late-night budget session with a new 6% sales-and-use tax that affects investment advice services, among about 20 other previously untaxed services.
Social Security was once the third rail of politics. For years, the conventional wisdom held that if politicians mentioned the system's financial problems and so much as alluded to changing anything, they faced electrocution in the court of public opinion and a grisly end to their career
Participants in 401(k) plans deserve to know exactly how much of their money is paying for their funds and services.
House Education and Labor Committee Chairman George Miller, D-Calif., is expected to remove a controversial requirement from his 401(k) bill that a low-cost index fund be included in all such plans, said an industry official.
Perhsing's nvestment professionals using the software will now be able to access it on their Apple iPhone.
Merrill Lynch will hire 250 people by the end of 2008 to staff a new technology center in Toronto.
Pershing announced that its broker-dealer customers can now access its NetExchange Pro online account management platform on the Apple iPhone.
House Republicans have introduced a bill that would repeal the AMT with an optional “simplified tax.”
The private-equity tax hike will not go gentle into that good night, according to published reports.
SponsorMatch lets employers give defined-contribution plan participants the longevity protection of a DB plan.
