One of the most pressing issues in the investment industry today is retirement plan fees and expenses. A lot of questions have been raised about them recently, all of which can be answered simply à la college basketball commentator Dick Vitale: “It’s about fiduciary responsibility, baby!”
Around this time of year, secondary schools typically hold a “career day,” and mothers and fathers are coaxed from their workplaces to participate in a “show and tell” with the next generation.
The Securities and Exchange Commission continues to forge ahead in its quest to wrap some kind of regulatory lasso around the $1.2 trillion hedge fund industry. Why it is doing so isn’t entirely clear.
Corporate America received a dose of common sense when The Home Depot Inc. said that its new chief executive, Frank Blake, would be paid a fraction of what his predecessor was taking home.
There's an old saying that a lawyer who represents himself has a fool for a client.
It is one of those rare moments in Leon Wagner's 26 years on Wall Street. Virtually every investment he has made recently has gone up - a lot.
By now you probably know all about the shell game that many Wall Street analysts have been accused of playing with "buy," "hold" and "sell" ratings.
The world turned upside down when the twin towers at the World Trade Center fell Sept. 11. But for the vast majority of individuals who call themselves financial advisers, the calamity wasn't enough of a motivation to telephone their clients.
