The Federal Reserve said it will expand its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month in a third round of quantitative easing as it seeks to boost growth and reduce unemployment.
Creates new tools to help advisers better explain variable annuities to clients; many B-Ds seeing falloff in business
LPL announced its results for the second quarter. The message? Mixed.
Here's a pretty startling statistic: New data shows that advisers who work in teams make 32% more money than those who fly solo. Indeed, the average team member pulls down nearly $300,000 a year.
Progress has been made but more needs to be done, he tells FPA
It's official — management at Morgan Stanley has eighty-sixed the 'Smith Barney' name, rebranding the iconic brokerage as Morgan Stanley Wealth Management. What would John Houseman think?
Or, why the flap between the FPA and the American College has ruffled my feathers
Longer life expectancy, coupled with unisex policy pricing, boosts the value proposition for female clients
Women face a unique set of hurdles when it comes to saving for retirement, and those difficulties set them far behind men once they stop working.
Maybe American Funds Growth Fund of America should be renamed American Funds Index Fund of America. The $115 billion fund, the largest equity mutual fund in the world, is tracking its benchmark more closely than ever before — and it is not alone.
Any initiative that reduces investors' vulnerability to fraud, and thereby strengthens their confidence in the markets, is a step in the right direction.
