With regulators and lawmakers continuing to scrutinize the blowup of target date funds in 2008, AllianceBernstein LP is adding a component to its lineup of target date funds aimed at managing market volatility better.
The week ahead should be relatively quiet across a number of fronts.
Firm to be acquired by socially conscious investing shop; combined broker-dealers in top 30 of independent B-Ds
American International Group Inc. recently made several high-level appointments and agreed to sell some assets, but recruiting talent and repaying government debt will remain challenges, according to experts.
Embattled broker GunnAllen Financial Inc. has lost a top-producing branch — the broker-dealer's first major defection since the abrupt resignations in December of its holding company's chairman and chief financial officer.
Brokerage firm E-Trade Financial Corp. said Monday it has named director Robert Druskin to take over as chairman and interim CEO when Don Layton retires at the end of the year.
Registered investment advisers are deeply concerned about new regulations and are sensitive to the impact of the financial downturn on their personal lives and finances, but they remain surprisingly upbeat about their jobs and their outlook on the economy, according to a new survey.
The combined firm, which will operate as Forum Financial, has ten advisers and $500 million in assets under management
Ameriprise Financial Inc.'s plan to open its brokerage platform to outside variable annuities falls short of the open architecture favored by other independent broker-dealers.
More than their friends, portfolio managers or corporations, investors trust their brokers or financial advisers, according to the first annual U.S. Financial Services Trust Barometer, sponsored by the Edelman public relations firm.
Kohlberg Kravis Roberts & Co. is on its way to becoming a fully diversified money manager, but it looks like it will be a long trip.
Dividend investing is one of the best long-term investment opportunities out there, and it looks particularly alluring right now.
Unlike the numbers for January, any data showing lackluster home sales in February can't be fobbed off on the weather
Theflyonthewall.com gets zapped in federal court. That's no doubt good news for Merrill Lynch, Morgan Stanley and all the other firms that sell research to clients.
State decides to go with Union Bank and Trust, instead
A new proposal targeting tainted investment advice would affect millions of workers.
The American Council of Life Insurers today blasted a newly floated tax proposal on unearned income — part of a series of suggested changes to the Patient Protection and Affordable Care Act of 2009.
Investment adviser Richard Feight admits he's not very good at brewing beer, but he's found that the hobby helped him build business connections and network with clients.
The publicity surrounding the debacle of Anna Nicole Smith’s estate highlights the importance of careful estate planning, according to financial advisers, but the errors she made are quite common and are easily remedied.
