The second quarter hasn't been kind to mutual funds that focus on the life insurance sector.
In a market roiled with trouble and strife, advisers who keep assets under custody with Schwab Institutional appear to be picking up clients from wirehouses and do-it-yourself investors at a prodigious rate.
Fifteen HealthShares exchange traded funds will close as part of a reorganization of the 19 HealthShares ETFs.
The group will oppose the SEC's proposal to regulate certain indexed annuities as securities.
Now that levels have been defined, you must communicate your new service levels to your clients.
Once considered the gold standard of web-based financial reporting technology, EDGAR, the Securities and Exchange Commission's long-serving form-based corporate filing system, is to be replaced.
Sales hit an estimated $24.6 billion during the second quarter, up 54.1% from the second quarter of 2007.
Sales were up 3.1% from June, but down 13.2% from the same month a year ago, according to NAR.
The wild popularity of 130/30 funds notwithstanding, recent analysis of the unique long-short strategy suggests that advisers would be wise to check under the hood for a closer look at the portfolio and not just jump in to the latest marketing craze.
Sun Life Financial has introduced a 6% bonus credit for customers of its Masters Extra variable annuity.
