Leasing often represents the alternative to making an investment in a non-financial asset. In many cases when the asset is essential, such as with a car or home, we can perform a buy-versus-lease analysis to determine which approach to take. Here I examine leasing’s strengths and weaknesses, and evaluate its uses for the car or home.
NEW YORK — Workers know they need financial planning, and they are looking at their employers to guide them to sound decisions, according to a study from Ameriprise Financial Inc. in Minneapolis.
PHILADELPHIA — Even though he was aware that it would violate their contracts, Gary Black, chief executive of Janus Capital Group Inc., told the company’s portfolio managers last October that they would receive pay cuts, according to a lawsuit filed last month.
NEW YORK — Investors surveyed by Spectrem Group admitted to reading at least one Internet blog to obtain financial information.
IRVINE, Calif. — Credit market turmoil has soured the outlook for the securities industry through next year. The fallout from the subprime-mortgage mess continues to roil much of Wall Street’s product origination and trading side.
NEW YORK — Chief executives are feeling more confident about expanding their companies’ reach into emerging markets, but portfolio managers are still wary of investing in the sector.
CHICAGO — Financial advisers play a big role in directing individual retirement account rollovers. Fully 67% of individuals who completed a rollover during the two-year period through April did so with the help of a professional adviser, according to a study released Aug. 23 by Spectrem Group in Chicago.
WASHINGTON — Investment opportunities in India are on the rise, as experts predict that the country’s potential lies well beyond customer call centers. Greenwich (Conn.) Advisors LLC recently created an open-end fund that will invest in 25 to 40 Indian companies in a range of industries, including software, banking, infrastructure, retail, pharmaceuticals and real estate.
PONTE VEDRA BEACH, Fla. — Thanks to the largesse of the FedEx Cup, the best retirement plan in sports just got better.
Gordon Robert Moore was indicted by a Colorado grand jury on 45 counts of theft, securities fraud and forgery.
The tax-services giant reported a first-quarter net loss of $302.86 million, or $0.93 per share.
MSC is the subject of a complaint by FINRA concerning the firm's allegedly shoddy VA bookkeeping.
The SEC alleges that the firm violated Regulation S-P while it recruited registered representatives.
The claim centers on investments in Collateralized Mortgage Obligations, or CMOs.
In the newly created position, Mr. Lee will be responsible for expanding the investment bank's business in Taiwan.
New York Life Insurance Co. has named Steven Lash as senior vice president of the corporate finance department and Richard Witterschein as the company’s new first vice president and treasurer of the department.
Regulators continue to leave independent- contractor broker-dealers in the lurch over the tricky issue of how brokers can use clients’ private information when moving accounts to a new firm.
Inflation appears to be contained, but that hasn’t stopped inflation-protected-bond funds from outperforming.
In the race to show the highest-producing sales forces, brokerage firms may be goosing the numbers.
NEW YORK — Despite the strides gay couples have made to have their relationships recognized by the courts, estate planning remains more complicated for them.
