The new not-for-profit organization will called LL Global Inc., providing a unified management structure.
RIA firms racked up $1.4 trillion in assets this year, compared to $950 billion in assets in 2005.
The average age of a buyer is now 58, down from 61 in 2005, and 67 in 2000, according to a survey.
Americans are in denial about their finances. Federal data show that they spend like there's no tomorrow. Our middle class is among the most affluent in history, but many live paycheck to paycheck, their futures mortgaged to fund their increasingly expensive amusements.
He will replace Raj Singh, who will take a new position at the Swiss Reinsurance Co.
The North American Securities Administrators Association Inc. and the Public Investors Arbitration Bar Association want to remove industry arbitrators from securities arbitration panels, arguing that the presence of industry representatives makes the panels inherently unfair.
Age-based mutual funds appear to have firmly cemented a commanding position as the investment option of choice in Section 529 college savings plans, according to industry executives at the annual 529 Technical Conference in Las Vegas last week.
It would seem that after the latest sell-off, financial services stocks would be a screaming "buy" for most investors.
After 11 years as an emergency room physician, Carolyn McClanahan saw her career change course.
Ladenburg Thalmann Financial Services Inc.'s acquisition last week of Investacorp Inc., could position the latter to be more active in recruiting representatives and financial advisers, as well as potentially buying smaller firms.
As November approaches, and 2007 comes to a close, investors are taking stock of their realized and unrealized gains and losses for the year.
When the Federal Reserve Board cut the discount and federal funds rates by 0.5 percentage points Sept. 18, some critics charged that Fed Chairman Ben Bernanke and his colleagues had acted too quickly.
John Hancock Annuities is making a run for old and young retirees with a new annuity rider.
After his business fell apart, Ed May asked a former client to put money into a new set of investments.
Some 77% of respondents to an InvestmentNews survey plan to reach out to clients in areas affected by wildfires.
Merrill board irked by CEO E. Stanley O'Neal's unauthorized outreach, The New York Times reports.
The regulator said it would give temporary leeway to firms affected by the California wildfires.
Senior official says SEC has formed a working group to look into “rampant” insider trading among Street pros.
Falling home prices and higher food and fuel prices drove consumer confidence lower this month.
The Oregon College Savings Plan will combine principal protection with upside potential.
