The dominance of algorithms in trading means advisers need to re-evaluate their processes
Lisa McAlister, the company's former chief accounting officer, pulls her defamation suit, in which she claimed she was a scapegoat for a $23 million accounting error.
Plaintiffs claimed defense contractor breached fiduciary duty, mismanaged funds.
Independent advisers might look at this deal as a 'canary in the coal mine moment'.
Morgan Stanley can hit 10% return on equity driven in part by better margins in the wealth management group, CEO James Gorman said.
Still in pilot, online program rolls past VC-backed startups
Formerly known as First Midwest Securities, the IBD has 33 advisers and $600 million under management.
<b>Breakfast with Benjamin:</b> Where the price of oil is likely to settle. Plus: On the responsibility of retirement plan sponsors and mutual fund directors; don't get blown away by the new jobs report and banks pass stress tests with flying colors.
Largest ETF firm wins victory in case questioning its lucrative securities-lending business.
Some agree with concept but argue that short treatment lumps everyone together and lacks nuance.
As new annuities gain in popularity, broker-dealers are getting reps up to speed on using them as part of a comprehensive retirement income plan.
Agreement could be announced within days
Boston mutual fund and brokerage giant increased its earnings by 29% last year despite surging investor redemptions of its mutual funds.
After Dodd-Frank, SEC relying more on own judges. Regulator claims practice is more efficient, but lawyers say it puts defendants at a disadvantage
What tax professionals' experience says about the future for financial advisers
21,000 retirees of the hygiene products maker will now be receiving their pension checks from Prudential
Traditional, institutional, buy-and-hold asset allocation model isn't the best fit for all clients.
Gauging how long your clients will live has major consequences for retirement planning.
Andrew Ceresney espoused the agency's increased use of in-house judges before a congressional panel, while steering clear of the debate over raising investment-advice standards.
