It is no secret that many middle-class Americans aren't saving enough for retirement, but according to financial advisers, a surprising number of their higher-income clients are in the same predicament and need help to turn things around
Finra is continuing to shake up the way broker-dealers show the value of illiquid investments such as nontraded real estate investment trusts and private placements on clients' account statements
Creditors left holding the bag after Jefferson County goes bust; 'catastrophic mistake'
California eyes selling muni debt in $25 denominations; lower buy-in designed to attract more investors
After S&P lowered ratings on thousands of municipal bonds earlier in the week, traders braced for a massive selloff. They're still waiting.
JPMorgan boss dismisses analyst's claims, says banks can cope with mounting presssures
MSRB warns against price manipulation in the wake of possible credit downgrades
HMOs, even Apple undervalued, fund manager says; mess in Washington will get straightened out
Like the President, Republican leaders gave thumbs up to TARP, prescription drug plan, foreign wars; 'plenty of blame to go around'
State hedging against possible credit market chaos; lowest-debt rating of all 50 states
Who will bag Securities America? Sources say Ladenburg and Cetera are leading the pack that's pursuing the struggling B-D. But a PE firm is also thought to be sniffing around the Ameriprise unit.
Tax breaks for investments and savings look to be prime targets for lawmakers; 'the fight is coming'
The ratings of four major life insurers with pristine Aaa ratings are likely to hold steady, provided the U.S.'s government bond rating doesn't fall by more than one rung.
Poll reveals more Americans willing to give up home-loan interest deduction
Pearl Neier, 85, decided against long-term-care insurance after hearing about the policies from AARP, the group that lobbies for older Americans
The besieged broker-dealer today agreed to a pivotal settlement with Massachusetts over soured MedCap private placements. The upshot? Investors are to to get 100% of their principal back.
MetLife Inc., the largest U.S. life insurer, selected Steven J. Goulart as chief investment officer to oversee a portfolio valued at more than $450 billion.
With its long-running litigation woes seemingly coming to an end, Securities America suddenly faces a new challenge. Parent Ameriprise intends to unload the beleaguered B-D.
The Illinois Securities Department has revoked the registration of two investment adviser representatives for inappropriately liquidating clients' annuities to fund the purchase of fixed-indexed annuities
