A combination of regulatory developments and court cases since 1998 has molded annuities and insurance products into what they are today — and that development continues.
If there were a color-coded advisory system for fiduciaries, it now would stand at yellow, flashing “elevated risk.”
The past decade, the first for <i>InvestmentNews</i>, has been a traumatic one for investors.
Expect continued asset growth, more industry consolidation, competition and investment choices as well as broader participation in Section 529 college savings plans in the future, say state administrators of the programs, financial service executives and industry observers.
Over the past 10 years, the world of independent-contractor broker-dealers has been turned on its ear.
An optional federal charter and a tax environment that favors annuities are in the cards through the next 10 years for the life insurance industry.
In the early 1990s, when I was in London, I ran across a weekly trade newspaper titled Money Marketing, aimed at British investment advisers.
Competition is stiffening among firms that keep assets under custody — and that situation could lead to cheaper, faster and better business for independent registered investment advisers.
The insurance broker will acquire all of HRH’s outstanding shares of common stock for $46, 50% cash and 50% stock.
The big Wall Street firms have been talking a good game about offering advice, but how much worthwhile information will they actually provide in the next decade?
Aug. 17, 2006, was probably the happiest day in the history of the Section 529 college savings plan business.
What a difference a decade makes.
The insurer’s valuation of credit default swaps are in question, according to The Wall Street Journal.
The net wealth of U.S. households declined by $1.7 trillion, in the first quarter of the year, the largest decrease since 2002.
Fidelity Investments laid off 550 workers this week, largely from its personal and workplace investing unit and human resource services unit.
T. Rowe Price Group’s board of directors has approved a 15 million share increase in the company's stock buyback plan.
In another blow to a reeling economy, the unemployment rate surged to 5.5% in May, from 5% in April.
Michael Burson has been promoted to senior vice president for recruiting in Asia.
The Current Conditions Index shed nearly 17 points to fall to a reading of 40.5, down from a reading of 57.4 last month.
This year through April, just seven deals for RIAs were struck, in contrast to last year, when 58 deals were struck.
