Cites lack of performance at LifeCompass, lack of continuity at Schwab Target
In addition to concerns about their own nation's financial situation, many Americans are worried that Europe's debt woes will spill onto U.S. shores
So far, star analyst's prediction of disaster for tax-exempt sector way off the mark; other made similar forecasts
Analyst says not enough political will to prevent collapse; 'won't be a surprise'
Once the darling of investors, emerging market funds have lost their luster over the past year. Now, Goldman Sachs says the halcyon days for the largest emerging economies -- Brazil, Russia, India and China -- are at an end. | <b>Extra</b><a href="http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111215&Category=FREE&ArtNo=121509999&Ref=PH">Top international funds in 2011</a>
A small broker-dealer in Buffalo is shutting down next year because its five teams of financial advisers want to find a better fit for their individual businesses.
The euro fell below $1.30 for the first time since January as Italian borrowing costs increased at a debt auction and Spanish banks' borrowings from the European Central Bank climbed by the most in a year.
Dire predictions off the mark as key indicators continue to surprise; 'missing the underlying strength'
Facing tremendous economic pressure and regulatory hurdles, small and midsize broker-dealers will continue to close, leaving hundreds and perhaps thousands of registered representatives and investment advisers seeking new homes for their books of business next year, executives and consultants said.
Jeremy Grantham, the GMO chief investment officer, on what would would happen if markets 'over-correct' like they have after other sizable equity bubbles.
A bit of Southern hospitality mixed with big-city benefits has helped Atlanta remain an ideal place to build a wealth management business, even though it is still recovering from an economic downturn.
Good news for advisers, but influential pol also plans to defend Dodd-Frank in his final days in office
Raymond James Financial Inc. will see a number of upper-management changes in the new year, including the departure of Dick Averitt, longtime chief executive of Raymond James Financial Services Inc.
Price of precious metal hits three week low; allure tarnished?
Frank Holmes, chief executive officer and chief investment officer of U.S. Global Investors, stopped by the <i>InvestmentNews</i> office to talk about the direction of gold throughout the remainder of 2011, and beyond.
Sources say that the rollout of a single technology system at Morgan Stanley and its brokerage unit has been anything but seamless, with intermittent outages and other assorted glitches and snafus.
On Wall Street, fortunes can be made and lost over the course of a trading day, and firms such as MF Global can collapse in a week
Tuition and fees skyrocket as cash-strapped legislatures look to fill budget gaps
