Because many complex financial products have the potential for sudden and/or severe losses of principal, it is imperative that firms recommending these products document a thorough “reasonable basis” suitability analysis.
Income enhancement still the biggest draw of VAs, study finds
Investment advisers at large mutual fund companies and other financial institutions often operate with conflicts of interest, John Bogle, founder and former chief executive of The Vanguard Group Inc., told Securities and Exchange Commission Chairman Mary Schapiro on Tuesday.
Meg Green, who left Royal Alliance for Sterne Agee, says bosses at former parent company AIG 'didn't understand culture'.
Bachus bill denounced at TD Ameritrade conference; momentum shifting?
Many advisers say their greatest allies in learning more about the products and closing sales are their own broker-dealer and the carriers themselves.
How Social Security calculates spousal benefits. It's more complicated than you think.
GOP presidential nominee Mitt Romney and his running mate, Wisconsin Rep. Paul Ryan, seem determined to avoid talking about details of their tax plan during the fall campaign, creating a vacuum that their opponents are happy to fill with attacks and that retirement-savings advocates can fill with worry. Retirement-savings tax deferrals also could be on the chopping block to pay for the GOP ticket's goal of reducing tax rates across-the-board.
Over the past 12 months, investors have poured about $3 billion into currency mutual funds, according to Morningstar Inc.
Advisers urged to get proactive as exclusion could drop to $1 million, from $5 million
Deciding whether to affiliate directly with a broker-dealer or join an existing OSJ involves evaluating factors in your own business, including finances, culture and contractual relationships
