Several current and former National Football League players recently have found themselves ensnared in alleged Ponzi schemes or legal battles over failed investments
Alex Brown, a defensive end with the New Orleans Saints, is suing his former team of financial advisers, alleging that they “abused the trust” of the player and his wife.
Middle-class families are quickly being priced out of the top universities. But a bold new program at the University of California at Berkeley -- limiting the total costs for families with modest incomes to 15% of earnings -- offers a ray of hope. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110711&Category=FREE&ArtNo=711009999&Ref=PH&Params=Itemnr=1>The most expensive state schools &raquo;</a> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111117&Category=FREE&ArtNo=111709999&Ref=PH>Top-rated 529 plans &raquo;</a>
Joe Paterno, the under-fire Penn State Nittany Lion coaching legend, has been assailed by some for selling his home to his wife for $1? The claim? Paterno was attempting to shield his assets from potential lawsuits. Not so, say estate lawyers in Pennsylvania. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20110711&Kategori=FREE&Lopenr=711009999&Ref=PH>PSU ranked No.1 — on the list of most expensive state schools &raquo;</a>
But low-return plan may not be the best bet when dealing with long time horizons; 'not very useful'
Increasing number of universities going 'test optional' rather than relying on SATs; high school grades a better predictor
Out-of-sight tuition has left parents with little choice but to seek new ways to help fund their childrens' college education. One idea that's growing in popularity: crossing private universities off the apply-to list.
Critics claim the College Board's charges for entrance and placement exams are getting out of hand. Says one former dean at the University of Chicago: 'The College Board is more interested in marketing and selling things than it is in its primary responsibility, promoting equity and educational opportunity.'
A growing number of people who save for their children's college costs with Section 529 plans are steadily outpacing those parents who do not use these tax advantaged savings plans, according to a new survey by the College Savings Foundation.
Critics skewered a new proposal by Finra to bar ex-officials at the SRO from representing clients in disciplinary hearings conducted by the regulator. So what's all the fuss about?
Tuition for private colleges may be off the chart, but state schools are getting more expensive, too. Here's the ten priciest public colleges.
The leading Senate Republican on financial issues won't block the confirmation of two Securities and Exchange Commission nominees, though he will push the agency to conduct economic analyses of financial regulations — a demand that is slowing down the implementation of the Dodd-Frank reform law
For the past 10 years, executives at the largest independent broker-dealers have been predicting a tide of consolidation, with economics forcing smaller firms to shut down or sell out to bigger firms.
Recruiting will become more expensive in 2011 as the fight for top advisers heats up among independent broker-dealers looking to bounce back from a lackluster 2010.
National Financial Partners, a consolidator of insurance-brokerage and financial-planning firms, has acquired Fusion Advisor.
If oil is what drives the U.S. economy, than let's put the real powers-that-be in the driver's seat
Barclays Wealth continues to lure advisers focused on ultrahigh-net-worth individuals, announcing six new hires in three East Coast markets.
My favorite-blog-post-title-of-the-year-so-far award goes to Adam Levin, founder and chairman of Credit.com: <a href="//www.credit.com/blog/2011/07/the-morgan-stanley-smith-barney-breach-losing-client-data-the-old-fashioned-way/"" target="”_blank”" rel="noopener noreferrer">The Morgan Stanley Smith Barney Breach: Losing Client Data the Old Fashioned Way</a>. Actually, I'm not sure if it is a blog or a true news site, regardless, it is not the typical news outlet you would expect for such a large story.
Bank may cut headcount at its brokerage beyond previously announced targets; underwhelming first quarter