Three financial services giants posted quarterly earnings gains — some strong, some not so strong— despite continued pressure from low interest rates. A few bright spots helped.
Short term, maybe not, but they still provide some buffering against stocks over the long haul
Second quarter revenues, net income climb; adviser head count stabilizes.
Wells Fargo's advisory business enjoys record profits, despite revenue jumping by a mere 2%, thanks to cost cutting that led to doing more with less.
Advisers must convince clients they need assets besides cash and fixed income to sustain retirement
Household replacement rates decline as women's earnings increase
Apply for disability and retirement benefits simultaneously
Marketing tool aimed at helping advisers land clients, but comes with no SocSec calculator
Regulators are stressing that reps are on the hook and suitability rules apply when discussing variable annuities. Darla Mercado explains.
Finra has ordered Wells Fargo and Merrill Lynch to pay $5.1 million to settle charges related to sales of bank loan mutual funds -- just as investors are stampeding into such funds.
Chairman says agency is neutral on how to fund exam expansion.
The Hartford's generous VA buyout deal is creating a buzz in the industry. Just don't expect other carriers to follow suit.
Says agency needs funds to boost oversight of advisers; first attempt died in '12.
The economy's interest-sensitive sectors are providing it critical support, allowing flexibility
After investors interpreted Fed Chairman Ben Bernanke's recent comments as signaling a sooner-than-expected end to central bank bond buying, Fed officials have sought to alter that view and halt the surge in interest rates.
