Head of Commonwealth Capital Securities reaches $1.5M settlement with the SEC over claims of misleading compensation disclosure. And this comes five months after a Finra complaint over misuse of investor cash.
Advisers should dig deep because not all floating-rate funds are created equal, fund manager says
Powerball winner's $590M booty is big win for small advisory firm.
The Hartford is reining in investment options for some variable annuities, leaving advisers scrambling to find their clients who have them. That's raising worries about the amount of work — and potential liability — they may face.
Bond king says performance has been boosted by massive expansion of federal credit
Firm sees 'simplicity' and 'transparency' in new fee structure for target group.
"Bomb shelter" mentality helped through crisis, now wealthy find best opportunities.
Adviser marketing expert Fox-Foley to focus on getting out the IBD's 'secret.'
Early reports suggest that The Hartford's buyback terms for some of its legacy VAs are extremely generous. How generous? Some clients can cash out early at full value.
But CEO says regulators need to understand the business better.
The Financial Stability Oversight Council has classified both AIG and Prudential as 'too-big-too-fail.' That's too bad for customers. Here's why.
Not a ton of excitement but advisers intrigued by newfangled approach.
