It's been about two months since Sallie Krawcheck was ousted from her job at Bank of America Global Wealth Management. At a conference on Monday, the former head of Merrill Lynch's thundering herd praised advisers. She was less generous about the actual firms that advisers work for. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20110616&Kategori=FREE&Lopenr=616009999&Ref=PH>How clients rate the big advisory firms</a>
Fifty-five million Social Security beneficiaries will receive a 3.6% cost-of-living adjustment next year, the U.S. government said last week
A group of state insurance regulators voted last week to adopt amendments to an annuity disclosure model that would give customers a detailed breakdown of product features
If the drawdown of assets is done properly, it's best to delay taking that government check.
Some want to boost the deferral limit – others want to do away with it
On the surface, the U.S. economy is gradually recovering
The following is an edited version of an Oct. 12 speech by Paul Schott Stevens, president and chief executive of the Investment Company Institute, before the Rotary Club of Seattle
Bank of America Corp.'s David Darnell, the commercial banker put in charge of the lender's Merrill Lynch brokerage, promised employees he'll do anything including “get out of the way” to help them improve results.
It may not be her biggest concern right now, but the recently departed Sallie Krawcheck will have to land a new gig at a large brokerage firm or resign her newly won seat on Finra's board
Given the recent spate of bad news, it seemed that somebody big had to go at Bank of America. Merrill Lynch president Sallie Krawcheck drew the short straw. The real question is: Did Sallie ever really have a chance of succeeding at BofA?
Apparently, the GOP is not so keen on the SEC's plan to let the net asset value of money market funds drift, rather than remain at a constant $1 per share. Fund firms are no doubt happy to hear it.
McNabb opposes excess capital requirements or floating rate NAV; 'will disappear'
FDIC boss Sheila Bair says money funds' stable NAV is 'destabilizing' the financial system. The fund industry begs to disagree.
The former managing director of strategic business development at Schwab Advisor Services, has launched his own consulting practice.
Sapient makes it No. 8 on the year, boosting firm's AUM to $45B; 'suffocating' at the wirehouse
The lack of leaks is an indication that the panel has decided to refrain from fighting in the media and actually come to the table.
A bipartisan, bicameral 12-member panel, the supercommittee may be the best chance for any kind of substantial tax changes before next year's election
State regulators have signaled a push for recalculating reserve requirements on a certain type of universal-life insurance, a change that could lead to higher costs for policyholders, as well as fewer insurers' selling the product
Let's hope that Finra has learned a lesson from the public flogging it received after it was reported that a regional official allegedly doctored the minutes of internal staff meetings that were then turned over to SEC examiners
