Hartford Financial Services has offered its head of wealth management, David Levenson, $2 million to stay on for another 11 months while it seeks a buyer for its life and 401(k) businesses.
Faces up to 57 months in prison after admitting in court that he betrayed his fiduciary duty to his employers by passing the tips to his friend.
Two new measures targeting the accounts introduced in the past week; source of savings, source of tax revenue
Claim plan to rejigger taxes on inherited accounts could hurt savers with older spouses; 'a nonstarter'
<i>InvestmentNews</i> will launch a strategic initiative designed to introduce college students and young professionals to opportunities in the financial advisory business.
Financial troubles of retired players sees union, league set up mandatory retirement savings plan
Binary strategy tied to company happenings more predictable than macroeconomic plays; bit of brilliance?
Of the myriad decisions faced by firms in today's market, none are more important or have longer-term implications than those surrounding the distribution of equity among existing and future owners.
An investor has seen her real estate investment with Behringer Harvard Holdings drop by 96% and she is appealing to Finra for answers.
It's coming, and you know it; also on the way: euro a go-go and fiduciary fade out
Say swifter acquisition of remaining Citigroup stake would likely involve leverage
Fixed indexed annuities were a hot product among independent broker-dealer reps last year as clients sought a safe-money alternative to CDs, made virtually worthless by low interest rates.
A look at the latest trends in variable annuity sales and strategies.
Critics have long claimed that advisers should not be allowed to charge performance-based fees when working with unsophisticated clients. Now, the SEC has weighed in, dramatically increasing the net-worth a client must posses to qualify for such a pricing arrangement.
Bodson to take over at securities clearinghouse; Donahue retiring
