Bank of New York Mellon Corp. was sued on behalf of three funds for negligence in connection with the Ponzi scheme run by convicted fraudster Bernard L. Madoff.
Analysis of Newt Gingrich's tax plan would cut taxes for 70% of households and reduce rates for the highest earners compared with what they pay now.
It's anything but a virtuous cycle. The markets are down. Financial advisers who base their fees on assets under management are hurting. The only fix? Raise prices. But how can you in this market?
The following is an edited transcript of an Oct. 25 round-table discussion moderated by <i>InvestmentNews</i> deputy editors Evan Cooper and Frederick P. Gabriel Jr.
Suze Orman's new prepaid debit card will come with fees of at least $36 a year
Almost a quarter of wealthy individuals in the U.S. don't trust their children or stepchildren to protect the assets they plan on leaving the next generation.
There are many New Year's resolutions that would have been nice for our government to have made last week, but there was a vital one that should have been made — and kept.
Some early glitches for subset of clients; 'actively working to resolve it'
Deal with Actifi should help custodial unit speed up adviser work processes and improve efficiency
Tax proposals from the Republican presidential candidates favor one group
Stock takes a header while rest of the market surges; bad loans a millstone
Fifty-five million Social Security beneficiaries can look forward to a 3.6% cost-of-living adjustment in 2012.
Last year's stock market volatility has taken its toll: Financial advisers are a lot more skittish about equities now than they were at the start of 2011.
While most of us are already well on our way to breaking our New Year's resolutions to lose weight, exercise more or declutter our desks, here are some ideas for resolutions that financial advisers might want to consider — and stick to — for 2012.
Well-known veteran investment adviser Rob Isbitts will oversee investments for Ron Carson's new RIA.
