Charles is a specialist on financial advisory industry topics. He was an editor for Investment News and has also written for Financial Planning, Family Wealth Report, RIABiz, Barron’s, The New York Times and Reuters. Twitter: @paikert
Paul Gozzo, managing director and sole owner of PMG Capital LLC in Jupiter, Fla., was sentenced to 30 months in prison today for engaging in securities fraud.
Robert W. Baird & Co. of Milwaukee has continued to expand its wealth management business, setting an internal recruiting record by hiring 77 financial advisers in the first half of this year.
Evercore Partners Inc., an investment banking and advisory firm which has been steadily building up its wealth management business, saw its net income drop to $3.55 million in the second quarter, compared with $5.8 million for the year-earlier period.
Fidelity Investments' contract as program manager for Massachusetts' 529 college savings program, the $2.5 billion U.Fund College Investing Plan, has been renewed by Massachusetts Educational Financing Authority.
The financial crisis is helping to boost financial planning in the workplace.
Wealth managers got some bad news today from an annual study of the size of wealthy markets in the United States.
The College Savings Initiative will hold its third round table tomorrow in Washington to discuss ways to make Section 529 college savings plans more widely available to lower-income families.
In an effort to bolster sagging client confidence, wealth management firms are placing a premium on experience when…
Emil Mara, chief financial officer for the Certified Financial Planner Board of Standards Inc. has left the organization.
States that operate Section 529 college savings plans are showing an increased interest in hiring third-party investment consultants to monitor their programs in the wake of the stock market downturn and the poor performance of OppenheimerFunds Inc.'s Core Bond Fund.
