Turns out the King of Pop was also the King of Debt. Michael Jackson left his heirs an estimated $400M bill. What to do if you're Jackson's estate attorneys? Sign a recording deal, of course.
The Labor Dept. is readying a proposal that would force service providers to make more plan info available. Meanwhile, a House committee is said to be unveiling similar legislation this week
In four years, more than 4 million baby boomers annually will reach the normal retirement age for full Social Security benefits.
Charities are getting increasingly nervous that the repeal of the estate tax may mean fewer donations this year from wealthy investors who opt instead to leave their estates to their families.
The temporary suspension of the estate tax is not spurring high-net-worth Americans to take action on their estate plans.
Apparently, seniors set aren't big readers — at least when it comes to information about their investments.
The Investment Company Act of 1940 has resulted in very, very important benefits to Outside, Passive, Minority Investors (“OPMIs”) because of the plethora of substantive protections it brings to OPMIs.
In a blistering attack, money manager John Hussman raps CNBC, blasting the financial network for what he says is myopic and 'cartoonish' content
Robert Mustard was thought to be the person who assaulted a father and son team of reps on Monday. The former client was said to be 'unhappy over some business dealings.'
Richard Smith and son R. Chris Smith — reps at Smith Financial in Dallas — apparently had an ongoing dispute with the suspect, who also turned the gun on himself and is in critical condition.
Standard & Poor's Equity Research recently upgraded its outlook for the biotechnology industry to positive from neutral.
Two life insurers are suing a trio of broker-dealers, accusing them of fraudulently selling to third parties variable annuities with lucrative death benefits on terminally ill individuals.
A bill introduced last week in the California Legislature would require money manager placement agents to register as lobbyists and regulate their compensation.
Carlos Slim, the world's richest man according to Forbes magazine, has acquired shares of BlackRock Inc., the world's biggest money manager, expanding his U.S. holdings.
Donald Anthony Young also diverted clients' cash into a horse farm, authorities say
Info from 24,000 of its Swiss bank accounts was stolen between 2006 and 2007, HSBC reported today. Tax authorities in foreign countries can expect to be hearing from the data bandits -- if they haven't already, that is.
Their parents are getting all the attention, but 30-somethings want (and need) financial advice. Now
With the life insurance industry recovering from a year of falling revenue, as sales of variable annuities, universal- and variable-universal life insurance all off, carriers are gearing up to make some changes.
