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.
First-quarter earnings at Wall Street firms with large financial adviser forces demonstrate that after two years of turmoil, the biggest players in the investment industry have righted themselves and are poised to build their businesses again
It's been a while coming, but BofA wealth-mangement boss Sallie Krawcheck has finally chosen a successor to Merrill Lynch head Lyle LaMothe. No surprise, it's a Merrill veteran.
When it comes to taxes and tax planning, what we've got here is a failure to communicate
In an attempt to buffer its variable annuity clients' accounts from market volatility, Nationwide Mutual Insurance Co. expects to launch a program that will shift funds into fixed-income investments when the stock markets dip
Insurers look to ramp up profits on variable annuities
Rising medical costs and longer live expectencies are putting the squeeze on long-term-care insurance providers. This week, another carrier -- Guardian Life -- said it's exiting the LTC biz.
MTB's Schultz likes energy stocks, not so hot on consumer staple sector
TD Ameritrade Holding Corp. reported increased first-quarter revenue and profits, driven by higher assets and trading activity
When seemingly every broker-dealer wants to increase its reps — at a time when the total population of financial advisers is in the process of shrinking — is it possible for anyone to actually win the so-called recruiting wars?
Financial advisers play an increasingly important role in helping wealthy clients get the most bang for their philanthropic bucks
The appointment last week of John Thiel as head of U.S. wealth management for Bank of America Merrill Lynch ends one chapter — and opens another — in the ever-changing management saga at the nation's second-largest wirehouse
A federal judge has found vocal Finra critic Richard Goble guilty of SEC charges filed against him nearly three years ago
After struggling during the darkest days of the credit crisis, SagePoint Financial Inc., which is owned by American International Group Inc., is back to playing offense, today closing a purchase of the assets of Spectrum Capital Inc.
Close to half of advisers who recommend closed end mutual funds to their clients admit that research on most of the funds is 'inadequate.' This is not exactly a confidence-builder.
Rich folks, worried that the specter of a large bequeath could kill a child's drive to succeed, are increasingly keeping mum about their estates
The firm was put under receivership in May after the SEC brought charges against the firm and its owner, Richard Goble.
