Western Asset Management Co. will pay $21 million to settle charges involving internal cross-trading and coding errors resulting in losses to institutional investors, the SEC announced Monday.
Osnato to move from agency's New York office
With a year-end windfall of veteran advisers, the firm topped off a year of big gains. Check out how UBS stacks up against the other wirehouses.
Regulatory attention means advisers may want to rethink which companies they work with.
Higher taxes may drive interest in variable and indexed annuities; potential of rising rates could inspire new products.
Modest $10 billion cut plus reaffirmation of zero-interest rate policy puts nervous investors at ease.
Last week's string of positive U.S. economic data is once again drawing attention to the direction of gold prices. What will trigger the precious metal's next valuation move?
Silicon Valley startup also raises $35 million in funding from venture group.
Here's how higher-earning spouses should maximize benefits.
Seemingly small or hidden fees can cause a big dent in portfolios over the long term, regulator warns
A new tool can help resolve an age-old debate
Broker-dealers are no longer considered a necessary step on the road to RIA, says Bernard Clark, head of the adviser services division at Charles Schwab.
For rich and famous clients (like the late Michael Jackson), careful planning is needed to keep the Tax Man from plundering the estate.
Commission and Finra are concerned that brokers are steering investors into higher-fee accounts.
<i>Breakfast with Benjamin:</i> Emerging market selloff raises contagion fears. Plus: Short-selling starts to make sense, Bill Gross plans to work till he's 109, Obamacare triggers downgrade of health insurers, economists bicker over minimum wage laws, and tricks of debt-free Americans.
In note to employees, Abby Johnson says money management unit 'performing well.'
Acquiring clients can be a winning growth strategy, particularly for young advisers.
Amazon went from nothing to $150 billion in market cap in just 20 years. What can you learn from its success and apply to your own firm?
Finra seeking to bar advisers even in small expense account error cases. <i>Check out these <a href="http://www.investmentnews.com/gallery/20140120/FREE/120009998/PH" target="_blank">8 expense account blunders &mdash; from the wacky to the mundane</a></i>
Morgan Stanley will reduce payouts to low-performing experienced brokers, expand awards for hitting performance targets and enhance bonuses for increasing lending, according to details of the plan confirmed by <i>InvestmentNews</i>.
