Wells Fargo dramatically rejiggered its regional management set-up — with five execs losing their positions. According to a bank spokesman, the move is intended to help Wells 'realize the efficiencies of the merger with Wachovia.' One of those efficiencies: Cross-selling to Wachovia clients.
The Fed Reserve's quantitative easing is finally about to end. S&P analyst Michael Souers says this could be a real a boost for Treasuries with less lengthy maturities. Retirees, take note.
They suddenly begin focusing on retirement income, says adviser at the InvestmentNews Retirement Income summit
President lambasts Republican resistance to raising rates on the wealthy
Midsize variable annuity writers such as John Hancock Life Insurance Co., Lincoln National Corp. and Transamerica Life Insurance Co. are expected to give the biggest sellers a run in the race for market share this year
About half of the assets in our variable annuity portfolios are in passive funds, which are easier to hedge
Lender making big push to win ultra-wealthy clients, with ex-Wells execs leading the charge
Clients in less-populated areas will be left to get their advise from talking heads
White House, lawmakers back VA probe of retained-asset accounts; 'unacceptable'
Negative publicity about so-called retained-asset accounts may fuel litigation, withdrawals by beneficiaries
But money flowed into TDFs run by Vanguard and T. Rowe Price in the first quarter
MetLife Inc., the largest U.S. life insurer, has selected Steven J. Goulart as chief investment officer to oversee a portfolio valued at more than $450 billion
Variable annuities, which combine mutual-fund-like investing with income or other guarantees, are as controversial as ever — but investors increasingly are considering purchasing them, financial advisers say
Offers exclusive program for high-producing FMOs — if they agree to tougher compliance standards
Despite a rebounding economy, the humber of 'underwater' mortgages in the U.S. now stands at a whopping 28%. And real estate analysts say there's more where that came from.
Investors are slowly warming up to variable annuities. They'd get even more excited if annual charges on the products were reduced.
Advisers may have a sense on how to prepare for a retirement that's right on time, but an unexpected retirement due to illness or layoff can shake even the most stable plans.
Making the case for alternative investments in a long-term, properly allocated portfolio is easy
When it comes to taxes and tax planning, what we've got here is a failure to communicate
