Cites lack of performance at LifeCompass, lack of continuity at Schwab Target
So far, star analyst's prediction of disaster for tax-exempt sector way off the mark; other made similar forecasts
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.
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
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
California is closing its adviser-sold Section 529 college savings plan and folding its $283 million in assets into the state's much larger direct-sold plan, after failing to find a company to manage the adviser-sold plan.
Stiefel Labs accused of repurchasing shares without disclosing true value of the firm — or its imminent sale to pharma giant; charges denied
Industry groups want the SEC to review and possibly eliminate many of its regulations — including self-regulatory-organization rules.
Working with the Invest in Others Charitable Foundation over the past five years has given me a chance to witness the selflessness of people in the financial services industry
The proposed elimination of the mortgage-interest tax deduction for second homes will smack a number of states. Here's a look at how each state will fare -- and the additional amount homeowners could pay Uncle Sam. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20111025&Kategori=FREE&Lopenr=102509999&Ref=PH>The best-performing housing markets</a>
Recent market volatility is prompting Congress to examine the role ETFs may play in the gyrations. At the same time, ETF vendors are squabbling over the best way to dampen the risks arising from the popular funds.
Allege legitimate claims disallowed while trustees rake in excessive charges; 'customer is always shorted'
Patrick Cruickshank is one of at least four former Stanford Group Co. financial advisers and executives who may be sued by U.S. securities regulators for fraud, according to the Financial Industry Regulatory Authority Inc. and a lawyer for the brokerage's underwriter.
Connecticut has highest per capita income, but plenty of poor folks; solidly middle class now 'solidly hurting'
The Securities and Exchange Commission has started targeting investment advisers who have lied on their registration forms
Surprisingly, an exclusive <i>InvestmentNews</i>poll shows that nearly 40 percent of advisers support the anti-Wall Street movement. But an even larger percentage say nothing will come of the protests.
