The number of arbitration cases brought before Finra was up 10% in the first quarter over a year ago and the proportion of cases resulting in damages being awarded was also up. At least one factor has emerged as the main culprit.
Firms lagging in long-term planning, standing out from the crowd and connecting with young investors.
Sanctuary's Jeff Spears says independents need to become more sophisticated to attract top teams.
Husband and wife balk over a disciplinary case the board raised for using the term “fee-only” to describe their compensation.
Putting market-cap indexes in perspective.
Warren E. Buffett, who invested $5 billion in Bank of America Corp., said he's confident the lender will overcome an accounting mistake that forced the firm to suspend an increased payout to shareholders.
Private equity funds are probably too complicated for the average investor's retirement account, according to Principal Financial Group Inc., which provides the plans to 3.8 million people.
A Finra arbitration panel has ordered UBS Wealth Management Americas to pay one of its former brokers $5.4 million for representing structured products from Lehman Brothers as being suitable for clients even as Lehman began to falter.
Since the credit crisis, the financial advice industry has been littered with the dead shells of IBDs that sold fraudulent private placements before the crash. Berthel Fisher has survived. Bruce Kelly has the story.
Sales of such products help annuities overall enjoy a strong year
Government will be a drag on growth as Fed winds down quantitative easing.
<i>Breakfast with Benjamin:</i> Investors' nerves are fraying and that's not a good thing. Plus: Spiking demand for U.S. Treasuries, dodging corporate taxes, the ABCs of liquid alts, risk-adjusted sector performance, and boning up on your Cinco De Mayo history.
The era of sluggish growth characterized by Pacific Investment Management Co. chief Bill Gross as the “new normal” is ending, according to one of the firm's deputy CIOs. So what's happening?
Seven of the 15 U.S. takeover bids worth more than $10 billion since January 2013 were initiated by firms founded and controlled by one of the 200 wealthiest men in the world, according to data compiled by Bloomberg.
Warren E. Buffett, in his annual letter to shareholders of Berkshire Hathaway Inc. last week, said the best investment he ever made was buying a copy of “The Intelligent Investor” by Benjamin Graham. The billionaire isn't the only prominent investor who considers that purchase money well spent.
Appreciating assets will lead to respectable growth rates and a reduction in unemployment, Pimco chief said in monthly outlook.
Transparency a minor issue, says RevenueShares' Vince Lowry
Three advisers who produced $1.8 million joined RBC in Leawood, Kan.; one cites retirement of Danny Ludeman, former head of Wells Fargo Advisors, as contributing to move.
<i>Breakfast with Benjamin:</i> Can Janet Yellen and her Federal Reserve colleagues avoid roiling the markets? Plus: Visa and MasterCard tighten screws on Russian banks, bond ladders get snubbed by a fan of bond barbells, checking the math on alternative-investment performance, and the momentum-stock nosedive is real.
<i>Friday's menu:</i> Investors waking up to Putin's Russia risks. Plus: Russia's debt downgraded as Kerry issues another warning; U.S. manufacturing comes back (but housing has not); how about this call: gold to hit $5,000 an ounce; the SEC starts to dissect liquid alt funds; and how sanctions are supposed to work.
