The Hartford's surprise exit from several key businesses is still making waves in the advice industry. The latest news: Edward Jones has ceased selling the carrier's life insurance and annuities.
Unlike earlier proposals by House Republicans, the bill wouldn't prevent any specific industry from qualifying for the break amounting to 20% of businesses' income
The case for quality dividend stocks in the first five years of retirement
John Bunch, the former retail head at TD Ameritrade, has been named CEO at Adam Bold's RIA, The Mutual Fund store, which targets households that have $50,000 to $500,000 in assets. This, Bunch says, is 'a market that is the most underserved' by the advice community.
Tom Bradley will take the helm of TD Ameritrade Holding Corp.'s retail unit, replacing John Bunch, who is leaving to head up an investment advisory firm. Tom Nally will replace Mr. Bradley as head of TD Ameritrade Institutional.
Tough to make ends meet with CDs and Treasuries; volatility not as frightening when it's SOP
CIO certain another round of quantitative easing is in the cards; likes junk bonds
Junk bonds are becoming more attractive compared with stocks as relative yields on the debt soar to a two-year high and a U.S. recession becomes likelier, according to JPMorgan Chase & Co.
Money managers cite bank's low P/e ratio, high cash reserves; 'it's been too cheap for a long time'
New wealth management firm recruiting from big firms; 'lot of unhappy people there'
A warning this month from Finra could reignite concerns about the use of senior designations
Morgan Keegan, the brokerage being sold to Raymond James Financial Corp., lost its bid to be dismissed from an $8 billion lawsuit brought by Canadian insurer Fairfax Financial Holdings Ltd.
Finra claims there's something rotten going on with the way David Lerner Associates has been marketing its popular Apple REITs. Now, the regulator is going after Lerner himself.
Firm to buy Genworth sub in second major deal in a month; insurer selling off noncore businesses
