LPL Investment Holdings Inc. is acquiring National Retirement Partners, a San Juan Capistrano, Calif.-based broker-dealer that specializes in retirement plans
He used to be known as the charming, affable “Uncle Stan” of Brookstreet Securities Inc., the independent broker-dealer he built. Now, he's facing charges of securities fraud.
The Securities and Exchange Commission today charged 10 brokers who worked for the former Brookstreet Securities Corp. of Irvine, Calif., with fraud.
Charles Schwab & Co. Inc. is likely to lose this week when a California federal judge hears a motion appealing a ruling in a class action that, if left standing, would give mutual fund investors a new line of attack against underperforming funds, fund industry attorneys said.
The collapse of Brookstreet Securities Corp. last month is likely to spawn dozens of arbitration claims from investors facing losses that, in some cases, run into the millions, according to one plaintiff’s attorney familiar with the matter.
Schwab's bundled 401(k), Index Advantage, will offer 40 low-cost funds covering about 16 asset classes
Consumer Reports sheds light on what investors think of the nine largest discount brokerages.
UBS AG announced the hiring of a top-producing three-man team from Bank of America Merrill Lynch today.
When your name is Warren E. Buffett, just about anything you say or do is going to draw attention.
The uncertainty in Europe has pushed the Forester Value Fund Ticker:(FVALX) into a defensive mode, but that's far from sitting on the sidelines, according to Tom Forester.
Warren Buffett, the billionaire investor who has highlighted his record of beating the market when stocks languish, oversaw a decline last year as the Standard & Poor's 500 Index ended unchanged.
A battle in California over whether representatives at two broker-dealers are employees or independent contractors could have far-reaching implications at independent broker-dealers across the country
Caramadre faces indictment over alleged scheme that purportedly sought out those with less than six months to live; lawyer says 'insurance industry upset it got beat at its own game'
Knowing when to apply for benefits can greatly alter what you get
As insurers find new ways to provide workers with a steady stream of income through their retirement plans, financial advisers are grappling with how best to benchmark these products against one another
Fifty-five million Social Security beneficiaries can look forward to a 3.6% cost-of-living adjustment in 2012.
The independent-contractor-brokerage industry continues to see consolidation.
Rumors are swirling that Legent Clearing LLC is about to be bought by private-equity investors — just months after a previous attempt to buy the firm failed.
Moody's: Bank sale eliminates Fed oversight but gives Met competitive chops
Twas the week after Christmas, with most of Wall Street away – Except perhaps Regions bank – Who is buying Morgan Keegan today?
