Sources say Stanley Gregor, who helped build Cantor Fitzgerald Wealth Partners, is leaving almost two years after the unit's launch.
But avoid high-grade bonds on the short to intermediate part of the yield curve.
In today's <i>Breakfast with Benjamin</i>, markets wonder if the Chinese yuan is the next shoe to drop. Plus: Notes on the default risk rising in China's dollar-denominated debt, President Obama's latest tax grab, and rolling 401(k) assets into a pension plan.
iShares manager says money from active managers was primary driver of record 2014.
Index will mainly act as a benchmark for the universe of six dozen individual BDCs until an investible version is created.
On today's <i>Breakfast with Benjamin</i>, brave bond fund managers are starting to gobble up the debt from beaten down energy companies. Plus: Home prices are being held down by oil, top 401(k) plan trends, and what the IPO market looks like for 2015.
El-Erian, Doll, Krosby say investors will have to work harder for returns in a volatile market this year.
Morgan Stanley fired an employee in its wealth management group who had stolen client data and posted some of it online. The theft affected up to 10% &mdash; 350,000 &mdash; of the firm's 3.5 million wirehouse clients.
At a time when U.S. stocks are beating the rest of the world, Sarah Ketterer mostly invests overseas. And at a time when index funds and exchange-traded funds are ascendant, she invests the old-fashioned way: She scouts for well-run companies and buys them when they look cheap.
Investors pull $105 billion, bringing assets to 2008 levels, but withdrawals slow in fourth quarter.
'The only thing that's working right now is the S&P'
Are you missing out on leveraging mobile applications to actively help clients make better financial decisions? Here's what you need to know.
In examining broker-dealers this year, Finra will zero in on the sale of sophisticated investment products that can be whipsawed by interest rate fluctuations. What do you need to know to protect your practice?
The latest data on target date funds through the fourth quarter of 2014, including a look at how J.P. Morgan has thrived in the space.
Financial adviser accused of pilfering data working with the wirehouse.
Retiree benefits increase and so do taxes for high-income workers.
Target chief's package a stark contrast to still-working retiree living on $1,000 a month
Economists say that although prices will remain under control, the Federal Reserve will lift interest rates this year. The consensus is that a hike could come as early as June but perhaps be delayed until September.
Expect more due diligence on funds and fees, and expect to do it more frequently.
The author of 'A Random Walk Down Wall Street' talks about investing in today's world, the financial advice business and robos.
