Citigroup Inc. has been smacked with a suit from a former broker who is trying to stop the New York-based banking behemoth from clawing back the remainder of a signing bonus he owes for leaving the firm in 2006.
Insurance offerings aren't the only products that generate retirement income.
Andrew Lo, a professor of finance at Massachusetts Institute of Technology, says it's normal for clients who suffered huge losses to continue to have difficulties making logical decisions
Discussing long-term health care insurance is difficult but necessary
Annuity advoacy organization also wants the government to make it easier for plan sponsors to offer the investments to employees
Three former UBS advisers form an independent registered investment advisory firm called Mississippi Investment Management.
"We are a different bank from a year ago," insisted chief executive Oswald Gruebel
Firms need not offer exchange-traded funds commission-free — or at a discount — to accumulate ETF assets.
If Congress votes to hold brokers to a fiduciary standard, some securities firms could face 4% to 10% declines in profitability per broker, according to a research note issued today by Ticonderoga Securities LLC.
The value of Warren Buffett's options to buy Goldman Sachs Group Inc. shares dropped by $950 million after regulators sued the bank for misleading clients on the sale of securities tied to the subprime mortgage market.
Uncle Sam — specifically the Internal Revenue Service — wants your clients' money.
Fixed-annuity sales are about to receive a new layer of supervision from state regulators.
Previously, the suitability rule imposed an obligation on insurers only with respect to variable annuities. Now it includes variable annuities as well.
After the rally of 2009, uncovering undervalued stocks got a lot harder. And lately, even upbeat economic news has failed to boost the market. No wonder investors are having a dickens of a time finding reasons to buy.
TIAA-CREF aims to add to its $2 billion holdings of farmland to help diversify its portfolio and hedge against inflation, said the pension-fund manager's director for private-equity investments in agriculture.
Latest to leave embattled firm since the federal government's bailout of American International Group Inc., the broker-dealer network's parent company
<i>InvestmentNews</i> last month invited a group of people to our office in New York for a frank discussion about retirement.
An often overlooked, but valued industry measurement.
