Apple Inc.'s introduction of the IPad help boost the investment value for its top 20 owners by as much as $16.9 billion since the day before Chief Executive Officer Steve Jobs unveiled the device.
Maine securities regulators say Merrill Lynch will pay the state $400,000 to resolve claims that the brokerage allowed some of its associates to sell securities without being properly registered.
If everybody thinks we're picking on them, it probably means we're serving the people we're supposed to be serving: our readers.
HighTower Advisors LLC has hired another adviser from Morgan Stanley Smith Barney LLC's ranks — despite facing a continuing “lift-out” lawsuit that Morgan Stanley brought against it last month.
HighTower Advisors LLC announced today that it has snapped up another team of advisers, this time from Morgan Stanley Smith Barney LLC.
After handling several technology presentations at industry events — where I was forced to haul my heavy laptop through airports so I could hook it into a bulky projector — I decided to look into lightweight alternatives.
Move expected to occur during the second quarter, and will affect approximately 50,000 client accounts.
The commission files charges in an alleged $14.7 million Ponzi scheme aimed at retired bus drivers in Los Angeles.
Firm sued by four reps for ethnic slurs allegedly made by a sales manager
Advisers once annoyed by LPL Financial's decision to move brokers from three acquired firms off Pershing LLC's clearing platform say they're pleasantly surprised by how the independent broker-dealer has eased their transition.
Gryphon Holdings Inc.'s owner and four employees of the Staten Island, New York-based investment firm were charged with conspiracy to commit securities fraud and wire fraud in an alleged $17.5 million scheme.
After being blamed for failing to spot indicators leading to the latest recession, the Fed comes up with "an early warning system" to help detect problems before they reach crisis proportions.
Under pressure from financial advisers who want to act as fiduciaries in 401(k) plans, Fidelity Investments plans to institute level 12(b)-1 mutual fund fees paid to advisers who sell the firm's plans.
Post-recession, the numbers of millionaires climbed to nearly 8 million. That still trails the all-time high of 9.2 million reached in 2007
Legislation allowing defined-contribution-plan participants to convert plan assets to an in-plan Roth account may be passed into law as soon as the end of next month.
Although the U.S. economy seems to be recovering, albeit slowly, the Obama administration, members of Congress and many economists worry that small businesses aren't recovering as quickly as large ones.
Before calling a financial adviser recently, I checked out his website, as I always do to prepare for an interview.
Only about a quarter of respondents said they “strongly agree” or “agree” that the recession is over, and another quarter said the U.S. will remain in a prolonged economic downturn for the next two years
Brokerage firms are howling over a far-reaching proposal that would give Finra substantially more power.
