Merrill Lynch and U.S. Trust advisers can expect an even closer relationship with Bank of America Corp. when Terry Laughlin takes over for David Darnell as head of the BofA's wealth division later this year.
It is one of a package of tax breaks which expired at the end of the year that the Senate Finance Committee has voted to extend.
Make sure you set aside the right amount to optimize savings and avoid unnecessary taxes and penalties.
Labor Department official says the agency will change its proposal to mollify the brokerage industry.
Legendary activist investor sounds the alarm while BlackRock CEO pushes back.
After another quarter beating Wall Street's profit estimates, chief executive Larry Fink says the world's largest money manager wants a better relationship with RIAs.
The Supreme Court's decision affords an opportunity for same-sex couples to review and update their financial plans.
Liquidity, performance concerns and business conflict cause the expanding hedge-fund firm to take a more traditional approach to mutual funds.
Attrition and breakaways have shrunk head counts at wirehouses, threatening the big four firms as they look to keep pace. </br><i><b>(Plus: <a href="http://www.investmentnews.com/section/specialreport/20150517/wirehouse052015" target="_blank">Our full Spotlight on Wirehouses special report</a>)</b></i>
Confusion remains over who ensures the contract purchase meets Treasury's guidelines.
Since its inception in August 2002, the fund has an average annual return of 9.9%, beating the 8.7% for the S&P 500.
Every financial adviser has some sort of self-interest when it comes to your wealth, so ask the right questions and know what you're paying.
With a client base of mostly millennials, revenue at Pamela Capalad's Brunch & Budget is up 69% this year.
CLAs, given by Invest in Others and <i>InvestmentNews</i>, recognize philanthropic work around the globe.
The key is bringing liquid alts more in line with hedge fund strategies
The asset-management firm advises clients on investing based on their environmental, social and governance views and has more than $550 million of assets under advisement.
Study finds 20% of investors strongly agree that the investment advice by advisers isn't worth the cost.
By law, you must pay taxes on every dollar you win. Now, the IRS is proposing to lower the mandatory reporting threshold for slot machines.
Company bucks industry trend toward forming broker teams.
New CEO says firm will also shrink investment bank because of "unsupportive" and "unfavorable" regulation.
