In an attempt to buffer its variable annuity clients' accounts from market volatility, Nationwide Mutual Insurance Co. expects to launch a program that will shift funds into fixed-income investments when the stock markets dip
With criticism mounting about the lack of disclosure in the municipal bond market, the agency that oversees the sale of muni securities is working on initiatives designed to encourage broker-dealers and issuers to provide more information to investors
Insurers look to ramp up profits on variable annuities
Rising medical costs and longer live expectencies are putting the squeeze on long-term-care insurance providers. This week, another carrier -- Guardian Life -- said it's exiting the LTC biz.
MTB's Schultz likes energy stocks, not so hot on consumer staple sector
TD Ameritrade Holding Corp. reported increased first-quarter revenue and profits, driven by higher assets and trading activity
When seemingly every broker-dealer wants to increase its reps — at a time when the total population of financial advisers is in the process of shrinking — is it possible for anyone to actually win the so-called recruiting wars?
Officials at federal agencies scrambling to translate the Dodd-Frank Act into regulations can breathe a little easier if they fall behind, as many of them have
Financial advisers play an increasingly important role in helping wealthy clients get the most bang for their philanthropic bucks
The appointment last week of John Thiel as head of U.S. wealth management for Bank of America Merrill Lynch ends one chapter — and opens another — in the ever-changing management saga at the nation's second-largest wirehouse
A federal judge has found vocal Finra critic Richard Goble guilty of SEC charges filed against him nearly three years ago
Advertising and marketing are still a prime worry, but the 'death-penalty' is an increasing vexation
After struggling during the darkest days of the credit crisis, SagePoint Financial Inc., which is owned by American International Group Inc., is back to playing offense, today closing a purchase of the assets of Spectrum Capital Inc.
Close to half of advisers who recommend closed end mutual funds to their clients admit that research on most of the funds is 'inadequate.' This is not exactly a confidence-builder.
Amid the financial crisis of 2008, ratings agencies were villified by press and public alike. But S&P's lowering of its credit rating outlook for Uncle Sam was hailed by some as a crucial step in getting lawmakers to do something about the crushing federal deficit. | <font color = blue>Benjamin: Run on Treasuries a flight to crazy</font>
Rich folks, worried that the specter of a large bequeath could kill a child's drive to succeed, are increasingly keeping mum about their estates
The firm was put under receivership in May after the SEC brought charges against the firm and its owner, Richard Goble.
A judge in Georgia decided this week that J.P. Turner & Co. was not required to perform due diligence on stock from now-bankrupt Provident Royalties. A big deal? It is if the ruling boosts other B-Ds being sued for Reg D offerings that went south.
Barclays Plc, which bought Lehman Brothers Holdings Inc.'s North American business, will get $1.1 billion in trading assets from the trustee liquidating the remnants of Lehman's brokerage, the trustee's lawyer said.
