Wells Fargo had accused the firm of poaching brokers from A.G. Edwards, but both sides now say a deal ending the squabble looks likely
The demise of Ivy Asset Management apparently had been anticipated for some months by its employees.
History shows that when the governments grow desperate to finance deficits, they get creative.
The renowned value investor offers his view on the current state of the equity markets
Of those taxpayers who are getting money back, 30% said they intend to pay down debt, 28% say they will save or invest, and 26% anticipate spending their refund on food or utility bills.
Equity markets notched positive returns again last week, as the Dow Jones Industrial Average climbed 0.6% to 10,625, the S&P 500 Index advanced 1.0% to 1,150 and the Nasdaq Composite rose 1.8% to 2,368.
Last week was a strong one for risk assets, and for equities in particular, with the broad US averages entering positive territory for the first time since early January.
Despite some mixed data over the past couple of months, our view is that the global economic recovery remains on track, both in developed and emerging economies.
The bank's first-quarter profit easily beat expectations, as trading gains helped offset consumer loan losses
Skip Massengill takes all your questions on building a successful retirement service practice.
Robert Rubin, a senior adviser to Citigroup Inc. at the time of its deep losses from subprime mortgages, and former CEO Charles Prince said they learned belatedly that Citi had $43 billion in high-risk securities on its books.
Advisers to popular bank retirement vehicles under scrutiny
The bill passed by the Senate last month that extends expiring tax breaks includes a provision affecting individual retirement accounts.
An eager crowd of about 700 bidders showed up at a North Salt Lake warehouse for a most unusual auction
More than ever, they want advice on hiring, firing and other practice-management issues
Federal prosecutors are seeking an eight-year sentence for a Kirkland, Wash., financial adviser who stole more than $12 million from 42 clients.
I suggested last week, in what seemed like a counter-intuitive phenomenon to some, that sharply lower prices for Greek bonds would bring out sellers rather than buyers.
Renee Brown is president of the Real Estate Securities Investment Association. She also co-founded a due diligence firm.This week, the SEC charged her with bilking investors
Rhonda Breard, 47, promoted her financial expertise in television infomercials and in $49 seminars at local community colleges. Beginning in 2004, she started encouraging clients to take money out of certain accounts and turn it over to her — supposedly for new investments.
Jeffrey Hausinger switches firms following allegations that he gave money to Oklahoma Sooners' basketball star Keith “Tiny” Gallon
