The valuations of several nontraded property trusts have plummeted of late. Due to the basic structure of these investment vehicles -- they're illiquid -- some clients now find themselves up the creek.
Investors ensnared in a $7 million scam involving so-called “private annuities” will be getting back only a sliver of their original investment.
Regulator says some firms take liberties using 'senior designations'; supervisory procedures must be tightened and enforced
A handful of publicly held life insurers dominate the market for traditional long-term-care insurance, but mutual life insurers are beginning to make inroads with agents and financial advisers.
In the search for income, investors are piling into dividend-paying REITs, driving up prices and poleaxing yields. How bad is it? Said one Morningstar analyst: Valuations are 'just nuts.'
Executive lays out three points he says should be addressed in every campaign
Commission claims Waters took in cash for bogus funds, spent the money
Renouncements are up sevenfold in Bern since UBS whistle-blower triggered crackdown four years ago
Every firm should have a well-documented compensation plan, which covers a lot more than just how much you pay people.
Forget the C-suite power-play look. Advisers are finding that more casual office environments can make client meetings more comfortable and productive.
The Columbia Journalism Review takes CNNMoney to task for a <a href="http://money.cnn.com/video/pf/2012/03/12/pf_win_lottery.cnnmoney/">video</a> on how to improve your odds of winning a lottery.
Georgia's citizens doing the most damage to their personal finances by trying to hit it big, data shows
Former Detroit Mayor Kwame Kilpatrick and the city's ex-treasurer were sued by the U.S. Securities and Exchange Commission, which accused them of awarding pension-fund business in exchange for $125,000 worth of gifts from an investment adviser.
Ex-SEC official Robert Colby will replace Grant Callery, Marc Menchel
