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Investment News Staff

Articles from the team here at InvestmentNews.com

Displaying 133 results

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Rare sighting: American Funds tees up new fund

American Funds, which is a unit of The Capital Group Cos. Inc., has come out with only two mutual funds in the past decade. The new offering, called the American Funds Global Balanced Fund, is set to make its debut Feb. 1.

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Securities America picks up 45 reps from shuttered B-D

Securities America Financial Corp. has reached an agreement to absorb 45 registered reps — with roughly $500 million in assets — from Equitas Financial Advisors Inc.

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Registered rep gets 68 months in jail for stealing $1M from elderly

A New Jersey financial adviser who admitted stealing more than $1 million from eight elderly clients has been sentenced to 68 months in federal prison.

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Madoff sitting on $9B in hidden booty: Report

Bernard Madoff is telling fellow prisoners that he secretly transferred $9 billion in funds to three people before…

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JPMorgan adds 300 financial advisers

JPMorgan Chase & Co. had a big third quarter, with profits spiking by 23% -- but it also appears to have had a successful quarter, and year, recruiting financial advisers.

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BNY Mellon snags BlackRock exec to replace O’Hanley

Arledge tabbed to to run BNY Mellon's asset management unit; Wachovia connection?

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Ex-ING adviser Breard gets just under 7 years in prison for fraud

A Kirkland financial planner who looted her clients' investment accounts was sentenced to six years and eight months in prison by a federal judge who praised her for cooperating after she got caught.

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Star adviser Breard pleads guilty to fraud

Seattle celebrity stole nearly $9 million from 38 clients; surrenders three homes and dozens of vehicles

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Surprise audit trips up star financial adviser in Seattle

An unexpected visit by an ING Financial auditor uncovered a potential scam at Breard & Associates Wealth Management. Now, infomercial star Rhonda Breard faces fraud charges.

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After surprising showing, will Peter Schiff take on Lieberman?

Investment guru losses Senate bid to Linda McMahon, but hints at running in 2012