Hollywood and the insurance industry continue to trade blows as celebrities attack companies' business practices.
One REIT sponsor attracting attention recently from independent broker-dealers is The Inland Real Estate Group of Companies Inc., which sponsors five publicly traded and non-traded REITs.
When fee-only financial adviser Martha Schilling discovered that an elderly client needed to augment an old long-term-care insurance policy, she was shocked to find that the client's carrier is teetering on the brink of insolvency.
To deal with the “Roth revolution” that starts next year, advisers' best tool may be a crystal ball.
Many firms, including Pimco, Russell Investments and John Hancock, are planning or discussing the addition of guarantees to their mutual funds to provide scared investors with a floor on their investments, but advisers are skeptical about such promises.
Oil prices were up to near $78 a barrel Friday, continuing a weeklong rally amid an unexpected drop in U.S. gasoline inventories.
The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the U.S. financial system and jump-start the economy.
After a year in which many investors lost substantial chunks of their wealth, mass affluent individuals are ditching their full-service brokers in favor of independent financial planners at a significant clip, according to a report released today.
While The Charles Schwab Corp. reported a 34% drop in overall earnings for the third quarter, its adviser services business proved to be a bright spot.
New US jobless claims drop unexpectedly to 514,000, continuing claims fall below 6 million
There will be no cost of living increase for more than 50 million Social Security recipients next year, the first year without a raise since automatic adjustments were adopted in 1975, the government announced Thursday.
Contribution limits for 401(k) plans will remain unchanged next year, the Internal Revenue Service announced today.
Conseco Inc. said Friday that a subsidiary has reached a reinsurance agreement with Wilton Reassurance Co. covering about 237,000 life insurance policies.
Lazard Ltd. is naming Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein.
The Dow Jones industrial average has reclaimed 10,000 for the first time in a year.
Financial advisers who have sold certain types of retirement and other benefit plans to small businesses might soon be facing a wave of lawsuits — unless Congress decides to take action soon.
A federal jury in Minnesota has ruled that Allianz Life Insurance Company of North America used deceptive materials to market its two-tiered equity-indexed annuities, but declined to assess damages against the company, saying the plaintiffs suffered no harm.
Jones and Smith Wealth Management? How boring. Green and Gold Capital Advisers? So banal. Fink and Funk Financial Fiduciaries? Yawn.
Two former U.S. presidents will appear together in a panel discussion to headline a TD Ameritrade investment conference next February.
Standard & Poor's will introduce new factors for its U.S. style indexes during the fourth quarter of this year, the company revealed today.
