A consortium of RIAs is “actively looking elsewhere” for custodial partners after Charles Schwab said it would stop accepting custody of alternative investments.
You have received a barrage of telephone calls from your clients asking how the new stimulus package might affect them.
The government on Monday unveiled a revamped rescue package to insurance giant American International Group and will provide the troubled company another $30 billion on an "as needed" basis.
The Ohio Department of Insurance today released the names of the 20 companies that have raised their surplus levels through approved accounting breaks.
A federal judge ruled Monday that investor accounts with Texas billionaire R. Allen Stanford's financial companies will remain frozen for another 10 days.
The challenge: Because of the increase in corporate layoffs, retirement plan rollovers are becoming more important.
Conseco Inc. today announced a whopping $406.8 million loss, or $2.20 a share, for the fourth quarter of 2008, and warned it will be late in filing its annual report late.
The Dow Jones industrial average has fallen below 7,000 Monday for the first time in more than 11 years.
The retail-investor market is growing strong in Hong Kong, according to a new report by Celent, a Boston-based research advisory firm.
Ratings agencies today painted a bleak outlook for AIG, following news of the insurer’s massive fourth-quarter loss and an additional $30 billion lifeline from the U.S. government.
Two ex-Smith Barney brokers have been cleared of allegations that they took private client information to their new firm.
Panelists addressed myriad issues at the annual marketing conference held in New York by NAVA Inc., the Reston, Va.-based variable annuity trade association.
More than half of registered investment advisers responding to a recent survey believed that the market slide made it a good time to invest in stocks, and 93% said their clients were not cashing out their investments.
Fears of increased paperwork and disclosures related to Finra's variable annuity suitability rule have been realized, with many firms reporting that they are still overburdened by hair-splitting requirements.
With the stock market down more than 16% in 2009, following a 38% drop last year, the idea of a non-correlated investment strategy has probably never sounded better.
