Deal will help advisers model annuities under varying client circumstances.
U.S. exit tax framed to discourage giving up citizenship for financial reasons.
With more than half of its revenue coming from fees, Edward Jones plans to start selling proprietary investment products in a sharp break from the past.
Windfall elimination provision can cut size of a worker's retirement benefit.
Shared housing could improve the retirement prospects of single baby boomers. Mary Beth Franklin has some real-life stories.
The financial advice industry has long been criticized for having too many professional designations — some good, some OK and far too many just worthless.
Originally designed to allow a company's highest-paid executives to defer their annual cash bonus, nonqualified deferred-compensation plans have evolved into flexible, multiuse executive retirement plans — with investment options similar to their qualified-retirement-plan counterparts.
Advisers too busy adding clients and assets to pursue transactions.
Restructuring, if it happens, won't likely affect Merrill's advisers.
Fundamentals support gains in the commodity while some still see good reason to invest in gold
BofA Merrill Lynch continues to see its adviser ranks shrink, but average productivity is growing, topping $1 million for the first time thanks to strong markets.
Fairholme Fund boss now has 7% of fund's assets in Fannie Mae, Freddie Mac; joins suit, too
Number of Vanguard plan participants investing in professionally managed offerings up 50% since 2007; diversification more diversified
Sponsors increasingly asking advisers about ways to boost participants' results
Advisers on the east coast hunker down ahead of Hurricane Sandy, described by meteorologists as a 'once-in-a-century' storm.
