Legislation allowing donations from IRAs to individual charities will not include donations to donor-advised funds.
Mr. Strangfeld, currently vice chairman of Prudential, now runs all of the company’s U.S. businesses.
The portal gives advisers access to fund attribution analysis, portfolio commentaries, portfolio holdings analysis, and sector/security attribution.
Michael John Brooks is charged with four counts of second degree criminal sexual misconduct.
Sales of existing homes fell in October pushing supply of homes to the highest level since 1985.
Oregon's new certificate of deposit linked to the S&P 500 Index offers a guarantee and possible growth.
Conference Board says worries about the stock market and rising gasoline prices led to 7.9-point drop in November.
The son of New York philanthropist Brooke Astor and his attorney are expected to be indicted due to their handling of her $198 million estate.
Prices of existing U.S. homes fell 4.5% in the third quarter, according to the S&P/Case-Shiller Home Price Indices.
Citigroup Inc. is selling a 4.9% stake to the Abu Dhabi Investment Authority, in a transaction valued at $7.5 billion.
Wiley and Fisher Investments create joint venture to publish books written by asset manager's employees.
The number of asset managers participating in model portfolio programs has doubled over the past four years.
Barclays PLC said earnings will be in line with consensus, despite a £1.3 billion ($2.7 billion) write-down.
Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.
Some brokers at Merrill Lynch & Co. Inc. and Morgan Stanley have been hesitating to use new advisory options that their firms have deployed as replacements for fee-based brokerage accounts.
I would like to respond to recent comments of Sallie Krawcheck, chief executive of Citigroup Inc.'s global-wealth-management division, as quoted in "Krawcheck: Accept the F[iduciary] word" (InvestmentNews Daily, Nov. 8.).
As early as next year, retirees may see a new hybrid investment product that blends mutual funds with insurance guarantees, possibly signifying an alliance between the two industries.
While many retirees are happier than their counterparts who are working, few who have retired have actually formulated a financial plan for their retirement years.
Optimism plummeted to its lowest level in two years this month, according to the UBS/Gallup Index.
The National Conference of Insurance Legislators has announced a new slate of officers.
