Advisor Group, the IBD owned by AIG, laid off employees this week. Sources outside the company said the lion's share of the layoffs came from Woodbury Financial Services.
The SEC under Mary Jo White floats one small step in money market fund reform with a proposal that would make only institutional prime funds float NAVs. It's a good deal for the likes of Vanguard, Schwab.
Venerable app gets four out of five stars on Schwab site; 'dated'
If designation holds, firms will be subject to Fed oversight, stricter control
Some interesting new financial- adviser-specific data are coming out of Twitter by way of Texas Tech University. It isn't about tweets, but research based on analyzing all those tweets.
Six big mutual fund companies last week agreed to disclose the daily NAV of their money funds, an unusual show of unity among rivals aimed at heading off the threat of stricter regulation.
New offering opens up access to insurance brokerages offering annuities, disability, long-term care.
Self-proclaimed 'big dog' Dave Ramsey bites back at financial advice community that questioned his investment advice on Twitter.
Advisers need to break through the "cognitive dissonance" of clients.
Insurer has axed 2,500 reps in the past year.
Tools that can work directly with clients, are 'implementation oriented' are high on wish list.
In front of mutual fund group, chief regulator says little about revamp.
