State securities regulators doubled the number of enforcement cases brought against investment advisers last year as a tougher regulatory environment led investigators to focus on inappropriate advice or practices that could lead to investor fraud.
Off 8% in third quarter; MetLife drops to No. 3 behind Pru, Jackson National
Carrier failed to reveal the negative impact of a growth cap on rider; agents also confused.
Stop us if you've heard this one before: Another big seller of variable annuities has tamped down on the business.
Chemistry, services more important than fees: Franklin Templeton
Morningstar research shows that advisers prefer systematic withdrawals in retirement; lack confidence in their annuity know-how.
'Buy now, get income later' is becoming a sellable argument to clients
Major player in advice industry pulls a 180-degree turn in reorg; 'almost non-existent'
New series of shorts featuring mobile tech tips for day-to-day business
FAA rethinking rules about use of mobile devices on planes; more leg room in coach would be nice, too
Alternative investments, commercial mortgages, junk bonds all on the menu
While other insurers sell off their indie broker-dealer units, AIG is buying. Indeed, Tuesday's acquisition of Woodbury Financial looks to be the first in what could be a string of deals.
Announcement of a deal for the 1,600 reps and advisers is expected before indie B-D's national sales conference next month
This twitter brigrade includes smart folks to follow and planners building their own
Despite continued market volatility, it appears as though the independent investment advisory world has finally turned the corner and moved beyond the worst of the recession that followed the “mortgage meltdown.”
Although President Obama's appointment of Elisse Walter as chairman of the SEC will provide a degree of continuity at the agency, it also raises questions about how effective it will be for the near future.
