Ameriprise Financial Inc. has experienced the defection of another top representative, this time a leading producer in its franchisee group, to LPL Financial.
Two of the Section 529 college savings plan industry's most sought-after contracts up for renewal this year have been taken off the table, leaving Michigan as the biggest prize for ambitious program managers in 2008.
The Financial Industry Regulatory Association encourages investors to check on the professional backgrounds of brokers by using its BrokerCheck system.
If the timing is right, there’s a compelling case for converting a traditional IRA to a Roth IRA, even though Roth conversions are a tough sell.
Economists polled by The Wall Street Journal put the chance of recession at 42%, up from 23% just six months ago.
The U.S. trade deficit grew to $63.1 billion in November 2007, an increase of 9.3% over October.
The RBC CASH Index, which has gauged consumer confidence since 2002, hit a new low this month.
As managing director and head of fixed income trading, Bill Parry will oversee all fixed income traders.
Wholesalers posted a 2.2% increase in sales in November, marking the largest gain in over two years.
Further rate cuts will be needed to "support growth and to provide adequate insurance against downside risks," he said.
The model act covers the secondary market for life insurance, including disclosures for viatical settlements brokers.
Amid signs of inflation, European Central Bank today left its key interest rate unchanged at 4.0%.
Natixis Global Asset Management LP of Boston announced today that David Giunta has been named president and chief executive of Natixis Global Associates.
New Jersey and Iowa 529 college savings plan contracts, up for renewal this year, are now out of play.
Charles Zhang, consistently Ameriprise's No. 1 producer this decade, left Jan. 2 to join LPL.
MBIA Inc. said that the SEC and the New York Insurance Department have started informal inquiries into a deal that the company made with private-equity firm Warburg Pincus LLC.
Maura Collins is CFO and Vanessa Rodriguez has been promoted to vice president and controller.
She will replace Fred Castellani, who will retire at the end of February, ending a 12-year career with the firm.
Charles Plosser expects the economy to experience "several quarters of sluggish growth in 2008 ..."
That’s a 15% decrease from the estimated $4.0 trillion issued last year, according to a SIFMA forecast.
