Texas Tech University's financial planning department to honor J. Thomas Bradley Jr. as “Visionary of the Year.”
Prudential's fourth-quarter net income fell to $792 million, or $1.75 per share, from $893 million.
A survey finding that arbitration customers do not believe the process is fair was “inconsistent,” FINRA said.
Net income for the quarter was down 1% at $96,655 from the $105,946 reported in the year-ago period.
John Hancock Financial's team will act as a resource for financial planners and advisers on tax and estate planning issues.
Most participants did not believe that the process was fair to all parties and were not satisfied with the outcome.
Fidelity's gift fund reached a record level of $1.17 billion in grants to charity in 2007 — an increase of 24% over 2006.
Productivity rose 1.8% over the final quarter of 2007, a significant drop from the 6% increase achieved in the third quarter.
Confidence among investors with more than $500,000 in investible assets tumbled to an all-time low in January.
The two firms are paying out almost $850,000 to settle cases involving clients burned by Gregory Horton.
Iowa will be the first state to join an initiative to provide customers with plain-English disclosures on fixed and indexed annuities.
One money manager and two exchange operators posted profits in the fourth quarter, while an insurer's earnings headed south.
The non-manufacturing sector saw its biggest one-month drop since they started keeping record in June 1998.
Sun Life Financial's U.S. division announced the creation of a new group and a change in leadership.
The number of advisers and brokers considering switching firms was on the rise last year.
While more money flowed into Janus Capital Group's mutual funds in 2007 than out - an occurrence not seen since 2000 - advisers are skeptical about whether the once-troubled fund company has regained its footing completely.
The rich are different from you and me, according to F. Scott Fitzgerald.
Saving a sufficient amount of money for retirement was the top concern of clients in a recent survey of accountants who provided financial planning services.
Variable annuities with guaranteed-minimum-withdrawal benefits allow investors to reduce risk and increase retirement income, according to a recent study.
Wall Street pundits should lay off Fed Chairman Ben Bernanke and his Federal Reserve Board colleagues for being cautious with interest rate moves.
