Sources say the firm has been asking hedge funds to take on mortgage-related securities.
The Albridge platform provides advisers with an aggregate view of their clients’ assets.
Citigroup Inc. of New York has been sued by a participant in its $12 billion 401(k) plan.
The St. Louis-based firm touts this plan as the lowest cost full service 401(k) plan available in the industry.
The new regulations from the Department of Labor covering qualified default investment alternatives will have widespread ramifications for both financial advisers and insurance companies.
Nick Leeson, the rogue derivatives trader whose fraudulent transactions brought down London's venerable Barings Bank, has a new gig.
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.
Hoping to steal the thunder from archrival Charles Schwab & Co. Inc.'s annual gathering of advisers this week, Fidelity Investments last week unveiled plans to spend $50 million to develop a wealth management technology platform aimed at advisers.
As November approaches, and 2007 comes to a close, investors are taking stock of their realized and unrealized gains and losses for the year.
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.
There is no shortage of technology solutions to help with retirement planning. Some are comprehensive packages that do — or promise to do — many things; others are more modest in their goals.
Just 23% of women in a recently released survey said that they were confident in their ability to retire with a lifestyle that they considered comfortable.
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.
After his business fell apart, Ed May asked a former client to put money into a new set of investments.
Senior official says SEC has formed a working group to look into “rampant” insider trading among Street pros.
Some 77% of respondents to an InvestmentNews survey plan to reach out to clients in areas affected by wildfires.
The regulator said it would give temporary leeway to firms affected by the California wildfires.
The Oregon College Savings Plan will combine principal protection with upside potential.
