Advisers are still fuming about the last-minute notice they received from Prudential informing them of a lock down of several popular annuities.
Acquisition creates firm with 400 independent-contractor reps, dual headquarters.
The latest round of budgetary brinksmanship recalls a similar government flirtation with financial calamity
New research shows that a whole lot of wirehouse reps are contemplating exits. Where will they land? These 10 brokerages rate highest with potential breakaways.
Costs at private colleges up 3.9% this year; average sticker price now at $38,589
Commonwealth Financial's CIO Brad McMillan discusses the latest job report and the questions over its legitimacy.
Changes keep coming in the variable annuity space, as MetLife Inc. will stop taking additional contributions to VAs with legacy living and death benefits next Monday.
Though variable annuity sales continue to be dominated by a few big companies, lower-profile carriers may seek opportunities in product innovation and new distribution channels.
Schumer lacks specifics of tax plan; Republicans balk
Both presidential candidates are getting serious bucks from political action committees. Barack Obama's top donors? Universities. Mitt Romney's? Wall Street banks.
Thirst for immediate gratification can take six-figure toll in retirement
Financial advisers should begin preparing their clients for changes in the money market fund industry being pushed by Treasury Secretary Timothy Geithner.
