The U.S. Securities and Exchange Commission approved rules that will halt trading in Standard & Poor's 500 Index stocks during periods of volatility, a response to the May 6 plunge that wiped out $862 billion in 20 minutes.
Convincing broker-dealers to embrace the advisory business is still an "educational process.
Investors pummeled shares of oil drillers and BP yesterday, sending the company to 15 month low, after President Obama talked tough about dealing with the worst oil spill in the nation's history.
The May 6 "flash crash" revealed an area of the financial markets that isn't touched by the financial-reform bills in Congress but nevertheless must be examined.
The Labor Department today released proposed regulations that prohibit financial advisers giving advice to 401(k) plans, or their employer or the employer's affiliates, from receiving extra compensation because the plan sponsors bought a product recommended by the adviser.
Pacific Investment Management Co. LLC's Enhanced Short Maturity Strategy Fund exchange-traded fund is off to a rousing start — a development that's not going unnoticed by rivals or advisers.
A pair of Nebraska investors have filed a class-action lawsuit against LPL Financial, saying that one of the company's brokers misled them about the costs and benefits of annuities.
Variable annuity sales increased during the first quarter, while sales of fixed annuities slipped.
When it comes to the decumulation phase of retirement behavioral finance hasn't yet been well-deployed to help retirees understand that they may very well outlive their retirement savings
The beneficial impact of last weekend's $1 trillion “shock and awe” intervention by Europe to save Greece and safeguard the euro is fading – even more quickly than officials had feared.
In an attempt to appeal to dually registered advisers, major life insurers are launching fee-based annuities.
Here we are, in the midst of a trend to “breakaway Advisors,” where more and more Advisors are thinking of places to work outside of the big 4 firms.
Industry leaders say advisers and consumers want simpler, cheaper annuities
Fund manager sees 65% boost in profits in the first quarter -- thanks to rising stock prices, positive asset flows
Until now, Ameriprise has confined its reps to selling the firm's own proprietary VA investments.
At first blush, it seems as though a bear market would be the biggest threat to your clients' retirement income security.
Most 401(k) plan participants need investment advice.
In a bid to ease investors out of cash and back into the market, Putnam Investments is dropping the sales charge and broker payout on the Class A and Class M shares of three of its mutual funds.
Fidelity Investments today announced that it will offer its retail customers — and and its registered investment adviser clients via a separate program — commission-free online trades for a suite of 25 iShares exchange-traded funds from BlackRock Inc.
Wealth management firm Aspiriant LLC said today it has agreed to buy Deloitte Investment Advisors LLC, a unit of accounting firm Deloitte LLP with 450 clients and $2.9 billion in assets under advisement.
