Mitt Romney may have trouble convincing some Republicans of his conservative bona fides, but his emergence as the GOP presidential front-runner is just fine with investment advisers, many of whom think that he has the best chance of beating President Barack Obama.
A new study by the non-partisan Tax Policy Center shows that Mitt Romney's tax plan would add $600 billion to the government shortfall.
While some aspects of recruiting activity in the brokerage industry appears to have slowed a bit in 2011, things have started to heat up as of late -- with a number of large teams recently changing place, according to data tracked by <i>InvestmentNews.</i>
LPL posted a profit for the fourth quarter, but missed its earnings estimates causing the stock to drop nearly 10% today.
Social networking a swell way to land clients; 'great platforms'
Survey finds little support for carried interest income treatment; 'scream bloody murder'
Retirement plan advisers are most interested about fees and expenses when talking to fund wholesalers.
Alternative investment managers Bridgewater Associates and AQR Capital Management are turning their attention to the defined contribution plan market with tweaks to their strategies.
Lack of data standards has slowed the evolution of the advisory business. “Things move at glacial speed in the financial services world,” said Bill Harris, who is probably best known for having served as chief executive at both PayPal and Intuit Inc.
SRO's boss says issue now a top concern for regulator; also homing in on disclosure for complex products
Flap stems from brokerage's new arbitration agreement prohibiting customers from filing class action
If there is a silver lining to the financial crisis, it may be that Americans are finally waking up to the notion that they need to save more for retirement.
While brokerage firms have every right to expect former brokers to honor the agreements they make when accepting recruiting and retention bonuses, Finra should resist pressure to rewrite its rules to make it easier for firms to collect unreturned bonuses.
