State Street now the world's largest hedge fund administrator with purchase of Goldman unit
Finra arbitrator sides with claimants; more suits, cases pending
In an environment where yields are low and the stock market is lackluster, MLPs offer much desired returns and some legitimate diversification.
Lowering of all tax brackets will require more than just eliminating tax breaks for the rich
Out-of-control debt will force massive policy changes, including tax hikes and spending cuts; 'we're going to jump the tracks'
Versus was granted an exemption from SEC Monday that allows it to offer a second share class of its Versus Capital Multi-Manager Real Estate Income Fund (VCMIX), which doesn't charge distribution fees or an early-withdrawal penalty.
In his July market report, Brad McMillan, chief investment officer for Commonwealth Financial Network LLP, says the housing market has the potential to provide the beleaguered U.S. economy with a "real chance for an outside surprise."
In a move that should cheer shareholders, Wells Real Estate has decided against charging clients an internalization fee.
Financial advisers should love reverse mortgages. After all, older clients who may be strapped for cash — and many are — can use a reverse mortgage to tap the equity in their homes rather than raid their investment portfolios. For fee-based advisers, a reverse mortgage could preserve their bread and butter.
Founder of hedge fund firm Harbinger Capital Partners last year settled a probe by U.S. regulators by admitting improperly borrowing money from his fund to pay his personal taxes.
Thinkorswim users sue TD Ameritrade claiming they could not get through to execute trades in August
National averages indicate property market finally recovering from Great Cave-In; good news, bad news
High fees, lower returns and flagging growth have taken toll on advisers' alternatives enthisiasm: Morningstar