Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.
LPL Financial will increase its outgoing account transfer fees for retail accounts and termination fees by $20.
Placemark Investments new United Capital relationship is its second significant deal in the RIA space.
Raymond James' two primary broker-dealers are being scrutinized over ARS sales.
The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.
Qualifying investors will have the option of getting their claims heard by a three-person panel of arbitrators.
Providing financial advice is similar to providing medical advice in that there is inherent uncertainty about whether recommended actions will achieve the desired results.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
Financial advisers need to pay more attention to their clients' art collections, according to experts who are trying to bring the art and financial worlds closer together.
Advisers have a fiduciary responsibility to educate their clients that generating enough cash to fund lifetime goals and objectives adequately is the key to financial success
Over the past six years, international stocks — those of companies from both developed countries and emerging markets — have outperformed U.S. stocks by a wide margin.
When David Devoe talks about mergers and acquisitions among RIA firms, advisers pay attention.
The best part of the housing bill signed by President Bush on July 30 was the section that establishes new regulations for mortgage loan originators.
Securities America Inc. has made a splash in the roiling mergers and acquisitions market for independent broker-dealers, and it could make more waves soon.
Because of slumping second-quarter sales of variable annuities, industry observers believe fixed annuities could benefit.
The practice of fine wine investing, which has appealed to wealthy and sophisticated collectors for ages, is coming out of the cellar and could emerge as a legitimate alternative-asset class.
As layoffs rise, some financial advisers are encouraging their clients to come up with contingency plans in case they lose their jobs.
