BAM Advisor Services LLC, a turnkey asset management program, announced today that it is buying Advisors Access, a provider of 401(k) plans, from Capital Directions LLC, an advisory firm.
Scuttling the Administration's tax proposal would hit average Americans squarely in the wallet; the fate of refundables?
Republicans had much to cheer about last week, including the significant advance they made in their longstanding battle to do away with estate taxes for the ultrawealthy
Given the vague, distorted and misleading ways many of us use language these days, George Orwell is probably spinning wildly in his grave.
Democrats may not be happy with the Administration's plan to revive the levy, but there may not be much they can do about it. Here's how things shake out right now.
About two years ago, I wrote about an adviser who died without a succession plan, wreaking havoc on his clients, his business and his family.
To say that financial advisers face an uphill battle in regaining the trust and confidence of the investing public is a serious understatement.
A proposal by Finra to develop a qualifying test for investment advisers has received a cool reception from adviser groups, which claim that it is part a continuing campaign by the regulator to broaden its powers.
The U.S. House set a vote for tomorrow on Democrats' plan to extend middle-class tax cuts as congressional and Obama administration negotiators started talks aimed at forging a bipartisan compromise.
Although about 60% of financial advisers are baby boomers heading toward retirement, only about one quarter of them have a succession plan in place, according to Cerulli Associates Inc.
Though the top three sellers of variable annuities extended their grip on the U.S. market through the first nine months of 2010, smaller-share players have become more aggressive in order to compete.
Barron's annual ranking shows that Morgan Stanley may not be having that tough a time bringing Smith Barney into the fold
The president of a broker-dealer says that Charles Schwab took some of his assets off a custody platform after he hired a former Schwab employee. An isolated event? An attorney claims he has handled several cases over the last year arising from similar moves by the discount broker.
Stocks rose, copper and gold climbed to all-time highs and Treasuries fell after President Barack Obama agreed to extend tax cuts, offsetting concern that Europe's debt crisis will spread further.
President Barack Obama and congressional Republicans kick-started negotiations today at the White House over a possible extension of Bush-era tax cuts that are set to expire Dec. 31.
The SEC should move with haste to revamp 12(b)-1 fees
