Ranked by 2010 assets under management
Asset manager launches mutual fund suite for 401(k) funds
Morgan Keegan could be on the block after reaching a $210M settlement with regulators over valuations of subprime mortgages in mutual funds; 39,000 investors lost $1.5 billion.
A parade of Industry experts and regulators testified in front on a Congressional panel today on whether investment advisers need a self-regulatory organization. The upshot? An SRO is necessary -- and Finra may be the best bet for the job.
A Brookings Institution proposal would take away Americans' variable tax breaks on retirement contributions in exchange for a flat tax credit to be deposited automatically into the saver's account.
Offering a record keeper's funds does not lead to a violation of fiduciary duty, Reish says
A new online database allows donors and advisers to search for donations of $1 million or more
UBS took a massive $2B hit from what it says was unauthorized trading by an employee. The loss puts the Swiss bank in elite company, along with several other financial institutions that have been rocked by bad bets. Here's the ten worst in recent years.
Gensler says JPMorgan loss proves regulations need to cover international contracts, as well
Swiss bank may also have to reduce headcount even further
Georgia requested information from UBS, Morgan Stanley and Ameriprise Financial in its probe over whether the firms broke the state's securities laws in sales of structured notes called reverse convertibles.
Financial Planning Coalition sends petition to Congress urging adoption of single standard of care; 'isolated pocket of opposition'
Advisor Group — the independent-broker-dealer business of American International Group Inc. — tomorrow is unveiling a re-engineered second generation of its technology platform, now to be called Vision 2020 Wealth Management
Veteran insurance agent Paul A. Mattus has filed suit against The Allstate Corp., claiming that the carrier muscled him out of his book of business and passed it on to a newer, younger agent
President Obama made the lives of advisers, accountants and taxpayers easier today by removing the burden of having to get permission to use trademarked tax strategies.
State regulators of investment advisers should reach out to Finra, which provides broker-dealer oversight, to ensure that advisers act in their clients' best interests, according to the new head of NASAA.
Asset manager issues proposal to reform exchange-traded-fund industry
