If they weren't already concerned about the economy, last week's precipitous stock market decline led many financial advisers to conclude that the nation is headed into another recession.
With the Sept. 13 deadline on pay-to-play rules looming, mutual fund companies are in heated discussions with broker-dealers about getting access to customer information that they need to comply
Average balances of 401(k) retirement plans reached the highest level since Fidelity Investments began tracking account values in 1998.
Richard Bové, a banking analyst with Rochedale Securities LLC, is expecting a bleak year for investment banks and brokerages, predicting that financial advisers will get less support from their parent firms and will see fewer opportunities to sign lucrative deals with competitors
Rising labor costs in China will prompt American factories to move production back to the U.S., creating up to 3.2 million jobs by 2020, the Boston Consulting Group said.
Financial services companies seeking to serve African-Americans should focus on women, who are more likely to be the household decision maker, and rethink the way they reach out to them, a poll has found
A California appeals court has ordered Wells Fargo Advisors LLC to pay $915,000 in legal fees to Stifel Nicolaus & Co. Inc. and a Stifel broker.
The death of Apple Inc. co-founder Steve Jobs isn't being viewed by the financial markets as a turning point for the company, according to financial advisers and market watchers
Jeff Henderson was a bright youngster who grew up in the inner cities of Los Angeles and San Diego. By the time he was 19, he had parlayed his natural business talents into a $35,000-a-week drug-selling operation.
Cetera Financial Group Inc. is launching a mutual fund/ETF advisory program that will give financial advisers in the firm's three broker-dealers access to institutional services and advice from three major money managers
Former Bank of America wealth management chief Sallie L. Krawcheck quietly stepped down from her Finra board seat sometime in the past week or so, according to published reports
Plans to acquire Richmond-based Anderson & Strudwick; bid to buy SWS rejected in March
If there were any chance of a double-dip recession in the U.S., it has already happened and is over now, according to Marci Rossell, the former chief economist for CNBC.
A U.S. appeals court ruled on Wednesday that Finra has no legal right to go to court to collect fines levied on B-Ds or reps. Okay, now what? | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110915&Category=FREE&ArtNo=915009999&Ref=PH>States with the highest taxes</a>
Richard Bove, a banking analyst with Rochedale Securities LLC, is expecting a bleak year for investment banks and brokerages, and suggests that financial advisers can expect less support from their parent firms and will see fewer opportunities to sign lucrative deals with competitors.
The Commodity Futures Trading Commission today slapped a Miami man with fraud charges and other allegations, claiming that he ran a phony $3 million commodity pool.
The FBI is investigating two former Edward Jones brokers based in South Dakota for their role in a “selling-away” case that involved raising money from clients who invested in an alleged Ponzi scheme.
Bank of America's 'New BAC' plan, which saw wealth management head Sallie Krawcheck ousted last week, will also include the elimination of some 30,000 jobs over the next few years in an effort to save about $5 billion in annual costs by the end of 2013.
Bank of America Merrill Lynch brokers might want to pray a little longer and a lot harder after last week's sacking of Sallie Krawcheck, who headed BofA's wealth management division
