Asian stocks bounced back while European securities slumped following the Federal Reserve's interest-rate cut.
John Koehler will lead a group of nine specialists, each one focusing on advanced planning techniques.
Although they are pessimistic about the U.S. economy, they are optimistic about their own company's prospects.
In an surprise move, the Federal Reserve cut interest rates from 4.25% to 3.50%.
Treasury Secretary Henry Paulson this morning expressed optimism that a temporary growth plan can be enacted quickly.
The subprime-credit debacle caused the firms' profits to fall sharply in the fourth quarter.
The typical American financial adviser is 50.4 years old, works with 250 to 500 clients and manages $25 million to $100 million in assets.
As subprime-related losses mount, the word itself has proved to be a winner.
A 2008 recession could last longer and be more severe than any since the end of World War II, say economists.
Upon implementation of the Pension Protection Act one year ago, sponsors of 401(k) plans gained the opportunity to limit their liability for advice given to participants under eligible investment advice arrangements.
Moody's downgrade of FMR Corp.'s debt rating reflects an unseen mountain of unrated debt the company has accumulated in recent years, according to the rating agency.
Reluctant as we are to call for the establishment of another self-regulatory organization, we have concluded it is the best structure for the regulation of the investment advisory industry.
Asset management might be at the heart of what drives an individual toward financial advice, but savvy financial planners are realizing that it takes more than asset management to bring lasting value to the advisory relationship.
Willis Group Holdings, the London-based insurance broker, is talking takeover with Marsh & McLennan, CNBC reported.
President George W. Bush proposed $145 billion in tax relief and other incentives to revive a sputtering economy.
Haier New York Life, a joint venture between the New York-based insurer and China’s Haier Group, today opened a branch in Wuhan.
The index of leading indicators decreased by 0.2% in December, according to The Conference Board.
Wilmington Trust's earnings fell 7% and LaBranche posted a net-income loss of 54%.
Ex-AIG chief Maurice R. Greenberg and his investment firm have retained an adviser to review their stake in the insurer.
