Total Rebalance Expert on Friday announced the acquisition of PowerAdvisor's portfolio management software suite from Cornerstone Revolutions. The combination of Total Rebalance's portfolio rebalancing platform with PowerAdvisor's system will create a complete portfolio management solution for registered investment advisers, Total Rebalance chief executive Sheryl Rowling said.
The complaint alleges self-dealing, excessive fees in managing the $1 billion plan.
Shares of Twitter surged 73% in their debut, the biggest IPO opening pop since 2007. Part of that was by design as management and bankers took the lessons of Facebook's botched IPO to heart. What's in store for the stock now?
Even the most seasoned veterans of the T3 technology conference can feel swamped with information after a full day of thought-provoking interactions.
President Barack Obama has threatened to veto a bill that would halt -- or possibly kill -- a Labor Department regulation designed to strengthen investment advice standards for retirement plans. The bill would prohibit the DOL from proposing its regulation until 60 days after the Securities and Exchange Commission has finalized a similar rule to raise standards for brokers providing retail investment advice.
SAC Capital Advisors plans to shut down its London office as the $14 billion hedge-fund firm founded by Steven A. Cohen scales back in the face of insider-trading allegations by U.S. prosecutors
“The proposal would completely foreclose broker-dealers from the retirement-planning and investment-planning businesses — businesses in which broker-dealers have served clients for many decades,” wrote Kevin Carroll, SIFMA's managing director and associate general counsel.
An insider's highlights from networking, vendor educational sessions and exhibits.
Plus: Bitcoin is back with a vengeance, what's up with consumer discretionary stocks, how about BP and Tesla's surprising earnings miss. From <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Zywave splits in two, with insurance unit going to a new private-equity owner as financial advisory unit changes name to Advicent.
From analytics to zettabytes, big data is overtaking tech platforms in the financial services industry.
Disclosures, investments and fees are key areas of focus, panelist say.
The expanded reach of social media makes it that much riskier when used in a business setting where key information can easily get leaked.
Insurance and fund executives recount ideas that exceeded regulatory framework
Claimant's lawyer called it the 'most egregious case of churning' he has ever seen
Sykes bulking up new firm, JHS; set to acquirer broker-dealer of Paulson Capital
