Nearly 100 small to midsize independent broker-dealers find themselves in trouble over sales of tenant-in-common exchanges, a form of real estate ownership in which two or more parties hold fractional interests in a property
Nearly 100 smaller independent broker-dealers sold TICs -- a real estate investment vehicle -- from an Idaho-based distributor that went bust. Now, a bankruptcy court official is putting the bite on those firms.
A group of “several hundred” former customers of con man Bernard Madoff objected to a request for $34.6 million in legal fees by Irving Picard, the trustee overseeing the Madoff bankruptcy, and his law firm.
David Lerner Associates Inc., a brokerage firm known for its founder's “Take a tip from Poppy” advertising slogan, was accused by the Financial Industry Regulatory Authority of overcharging customers on sales of municipal bonds and mortgage securities.
Home prices in the second quarter fell nearly six percent from the previous year. That's bad news for clients looking to sell right now.
Homeownership rate now below 60%; opportunity for real estate investors?
New York tops the list, according to latest data; average cost up, Dodd-Frank blamed
'Mr. Jeter deserved it,' said Christian Lopez, who snagged Yankees' 3,000 hit; a valuable piece of baseball history
Fund firms, individuals cut back dramatically on holdings of tax-exempt debt
You had to figure the issue of means testing for entitlement programs would split Republicans and Democrats. And it has -- just not the way you'd think.
The cumulative wealth of the world's richest households will more than double, to $202 trillion over the next ten years, according to a study conducted by the Deloitte Center for Financial Services and Oxford Economics.
Turnkey technology and wealth management provider Envestnet Inc has entered into an agreement to acquire the U.S.-based portion of FundQuest Inc. from BNP Paribas Investment Partners for $24.4 million in cash for all outstanding shares of the firm.
Ad execs' plan to raise investment funds using social media goes flat as commission steps in
A shift in culture for investment advisers is overtaking regulatory reform in scope and significance
Broker-dealers, get ready. Your back-office operations are now officially on Finra's front burner
City-state has highest percentage of millionaire households; China now No.3 in total number of millionaire households
But industry participants disagree over which regulator should get the gig; protracted debate expected
The following is an edited transcript of the webcast “Key Findings of the <i>InvestmentNews</i> RIA Technology Study,” which was held May 5
As House Republicans begin to move legislation this week that would roll back parts of the Dodd-Frank financial reform law, a prominent Senate Democrat indicated today that he will fight efforts to scuttle or delay implementation.
BrightScope Inc. has launched a free online service that will allow investors to look up financial advisers
