Massachusetts securities regulators, led by William Galvin, have started looking into the sales Puerto Rican municipal debt obligations, sending inquiry letters to several firms.
Stocks are either on the cusp of a correction or poised for further gains. Bonds, meanwhile, still face rising rates at some point. What's an investor to do?
<i>Breakfast with Benjamin:</i> Stocks holding steady after spike. Plus, Global markets shrug off Obama's meager sanction efforts, Yellen tries to have it both ways with rates, the Senate's housing market destruction plan, and 1,000 years of European border shifts.
The advancing age of wealthy baby boomers is a creeping and subtle threat to the long-term survival of many asset-based, fee-dependent advisory firms. Here's what some advisers are doing to stem the tide of dwindling assets.
A New York regulator alleges that one insurer limited the returns of legacy variable annuity clients
Firm hopes the move allows it to compete with Wall Street brokerages.
Ensemble and super ensemble practices are becoming the most popular choice of business model for independent advisers.
Selling smaller client relationships allows advisers to slow down but stay in the game a little longer. It's not easy but more are taking the plunge.
In a highly anticipated move, RCS Capital Corp. said that it intends to create a retention package for the 9,000 registered representatives and investment advisers that it has acquired since the company had its initial public offering last June.
Nicholas Schorsch, picking up Cetera Financial for $1.15 billion, likens his RCS Capital to two of the biggest names in the retail-securities industry and dismisses the notion he overpaid. <i>See also: <a href="//www.investmentnews.com/article/20140116/FREE/140119925"" target=""_blank"" rel="noopener noreferrer">Marron scores big on Cetera deal</a>.</i>
With new IRS rules on rollovers coming soon, some tips on how to help clients avoid the tax man.
Wall Street's bonus pool rose to $26.7 billion in 2013 as profits from broker-dealer operations on the New York Stock Exchange fell by 30%, according to estimates by New York state Comptroller Thomas DiNapoli.
The broad investing public isn't exactly riveted by the controversy surrounding the so-called “fiduciary standard,” but they should be.
Friday's menu: Already on edge, investors brace for Sunday's vote in Crimea. And will sanctions against Russia even work? Plus: riding the storm out by staying invested, going long in emerging markets and taking a fresh look at copper. Oh, btw, it's jellybean Friday.
Yields on 10-year Treasury notes climbed to the highest levels since September this week as the number of new jobs added in February surpassed expectations. Both developments point to a possible acceleration for the economy in spring.
The reason depends on which media outlet you consult, plus other must-reads from wealth manager and CNBC commentator Josh Brown
This ultimately lucrative market is all work and little pay in the early part of the relationship.
One-day training session promises to give you a leg up on the competition.
A group of medical pros are suing their employer, Novant Health, arguing that the company offered excessively costly 401(k) investments and overpaid its providers. Jerome Schlichter is their attorney.
