The House approved legislation that would shield millions from the AMT by raising taxes on hedge fund managers.
Investors Capital Advisory Services, the registered investment adviser of Investors Capital Holdings, has formed a strategic partnership with Biondo Investment Advisors, an institutional money manager.
“This bill will shed light on the 401(k) selection process and give Americans more control over their retirement future,” Sen. Tom Harkin said.
The producer price index increased 3.2% in November, as energy prices hit a record high according to a Department of Labor report.
H&R Block will record $74.8 million in restructuring charges related to shutting down its Option One Mortgage division.
The Fidelity Charitable Gift Fund will launch a program with Campus Compact to educate and inspire young people to get involved in philanthropy.
The United States is operating on an unsustainable federal budget that is bound to seriously damage the economy, the Congressional Budget Office said.
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
The SEC wants to give smaller companies more time to comply with section 404, Chairman Christopher Cox said this morning.
Under the program, RIAs working with Fidelity will have access to affordable medical, dental and vision insurance.
Legislation "is intended to cover disputes between investors and securities brokers,” Sen. Feingold said.
MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
Assets in individual retirement accounts grew 16.5% in 2006 to a record $4.23 trillion, according to EBRI.
The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.
The tax preparer's second quarter saw the shuttering of its troubled Option One Mortgage business.
The U.S. economy will grow a sluggish 2.1% in 2008 according to the SIFMA's Economic Advisory Roundtable.
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
The performance of managed futures is languishing, but that hasn't diminished their appeal among financial advisers.
A stunning $4.6 million award against UBS Financial Services Inc. and two of its brokers late last month revealed how irate the arbitrators were with UBS.
Maybe the housing market isn't tanking after all. Hedge fund manager Louis Bacon, head of New York-based Moore Capital Management LLC, last month bought the Forbes family's Colorado ranch for what is believed to be the largest sum ever paid for a home purchase in the United States: $175 million.
