Combination life and long-term care polices are gaining serious traction in the marketplace. One for-instance: Sales for Lincoln National's MoneyGuard are up 62 percent over the past year.
El-Erian responding to what he terms U.S. government's 'financial repression'
Most major publicly traded money managers saw a boost in their assets under management and their profits in the first quarter, driven by a robust equities market as well as positive inflows
As Congress attempts to trim the nation's deficit, advisers and their clients should brace for a less generous tax code in 2013, said James Delaplane (pictured), at the <i>InvestmentNews</i> Retirement Income Summit.
Bank of America wants its advisers and reps to market banking products and to assist clients with banking services. That strategy may not be sitting so well with some advisers. This week, a $250M team jumped to Ameriprise. The reason? Partly, to focus on financial planning, not banking.
The Investment Management Consultants Association got a thumbs-up last week from the American National Standards Institute for its CIMA designation
Guy de Chimay, who pleaded guilty to running what prosecutors called a $7 million Ponzi scheme that he promoted by claiming his company was linked to Belgian royalty, was sentenced to three to nine years in prison.
Unlike its life insurance counterpart, STATs also have the assumed liability of the broker-dealer writing such business
Trade associations representing the life insurance industry and agents today applauded New York's passage of life settlement legislation.
PFM Group, owner of the largest investment adviser in the U.S. municipal bond market, bought a smaller competitor co-owned by Lois Scott, Chicago Mayor Rahm Emanuel's new chief financial officer.
Going where the growth is high and the debt is low; buying a ton of won
Commodities remain one of the hottest asset-classes going. For the fifth straight month, investments in real stuff -- natural resources, minerals and food -- handily beat stocks, bonds and greenbacks.
Small-town resident has raked in $21M in four separate jackpots. Mathematicians put the odds of this happening at 18,000,000,000,000,000,000,000,000 to 1. That's a lot of zeros.
Banks come a cropper, as farmers buy back acreage at a fraction of the price they sold it for.
Here, you'll find the top ten SMAs across six different categories, with data provided to InvestmentNews exclusively by Prima Capital.
Nathan Behan, a senior investment analyst at Prima Capital Holdings, outlines some key recent and long-term trends in the markets in an economic report and analysis on the first quarter
Wells Fargo & Co. has cut the number of regional managers — and operating regions — in its wealth management division to better integrate the investment advisory business it inherited from Wachovia Corp.
Finra wants broker-dealers to disclose the revenue-sharing deals they have with mutual funds
An SEC rule proposal that would raise the net-worth thresholds at which advisers would be allowed to charge performance-based fees would likely cut into the bottom lines of smaller hedge funds, private-equity firms and some registered investment advisers
