Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.
Placemark Investments new United Capital relationship is its second significant deal in the RIA space.
The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
Financial advisers need to pay more attention to their clients' art collections, according to experts who are trying to bring the art and financial worlds closer together.
Securities America Inc. has made a splash in the roiling mergers and acquisitions market for independent broker-dealers, and it could make more waves soon.
Over the past six years, international stocks — those of companies from both developed countries and emerging markets — have outperformed U.S. stocks by a wide margin.
When David Devoe talks about mergers and acquisitions among RIA firms, advisers pay attention.
As layoffs rise, some financial advisers are encouraging their clients to come up with contingency plans in case they lose their jobs.
The practice of fine wine investing, which has appealed to wealthy and sophisticated collectors for ages, is coming out of the cellar and could emerge as a legitimate alternative-asset class.
Because of slumping second-quarter sales of variable annuities, industry observers believe fixed annuities could benefit.
UBS AG has agreed to buy back $19.4 billion in auction rate securities on which the value collapsed in February.
Oil prices tumbled this morning on news of a stronger dollar, despite fears over a supply shortage after the threat of a terrorist attack.
The Principal Financial Group has released a white paper that examines the four methods of providing retirees with income.
Second quarter data was not as strong as the 2.5% rate that had been predicted by economists polled by Thomson Reuters.
The Securities and Exchange Commission has announced a “preliminary settlement” with Citigroup.
The nation's largest brokerage firm will buy securities held by 30,000 clients.
Falling oil prices and a recovering stock market have halted the precipitous drop in consumer confidence prevalent throughout 2008, according to new data.
