Blooom hopes to use her experience in financial crisis, student debt to push company forward.
The deal is the largest under the tenure of Microsoft CEO Satya Nadella.
Prominent researchers are embracing the home equity product as a key retirement planning tool. Will advisers follow? <b><i>(Related: <a href="//www.investmentnews.com/gallery/20160610/FREE/610009999/PH/9-surprising-ways-to-use-a-reverse-mortgage"" target=""_blank"" rel="noopener noreferrer">9 surprising ways to use a reverse mortgage</a>)</b></i>
Janus Global Unconstrained received about $144 million in May.
Letter directs top regulator Richard Ketchum to do more to stop repeat offenders and the firms that hire them.
Finra's CEO was one of the sharpest critics of the proposed rule, but now he's praising the Labor Department. <i><b>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">Coverage of the DOL rule from every angle</a>)</i></b>
LinkedIn rolled out a new feature this month to help its users find professionals, including wealth managers and Certified Financial Planners.
The first wave of boomers turns 70½ and must start taking distributions from their retirement savings.
Sweep reminds broker-dealers they're going to be held accountable for hiring brokers who prove not fit to work in the industry.
Finding a policy that works in the best interests of your clients not as hard as you think
Advisers should push young clients, or clients with young-adult children, to get powers of attorney governing health care and financial assets.
If your clients have any involvement in offshore holdings, now is the time to double check their status and make sure everything is filed before June 30.
Even if you have prepared, following a death there are several steps that generally require immediate attention.
Investment-grade bond index has best start to year since 1997.
Set aside that money at the beginning of workers' careers in order to leverage the magic of 50 years of compounding returns in a 50-50 portfolio. Of course, they'd have to pay the money back.
<i>Breakfast with Benjamin</i> The billionaire hedge-fund founder and philanthropist thinks the global economy is going to pot.
Congressional threat to the Labor Department's retirement advice regulation gets nixed by White House, while D.C. court says it will hear a case against the rule.
Roth IRAs offer significant tax benefits, but these transactions are on the Internal Revenue Service's radar.
For any estate where there is no concrete plan, a number of complications can arise.
Choosing between a traditional and Roth 401(k) is essentially a bet on how your clients' future income tax rates will compare to their current rate.
