Merrill Lynch & Co. Inc. continues to lead the wirehouse race for net new client assets.
A congressman who raised eyebrows last month when he seemed to imply that annuities are the answer to the need for lifetime retirement income claims he was misunderstood.
A California court ruling late last month may make it easier for states to sue financial firms, according to legal experts.
Focus Financial Partners LLC, barely a year old, purchased majority stakes in three more independent fiduciary wealth management firms last week — increasing its roster of firms to nine and tripling assets under management to $15 billion.
When it comes to Putnam Investments, it is the performance — not the parent — that matters, financial advisers say.
The securities arbitration system should be reformed or else investors should be given the option of taking their disputes to court, according to a group that represents state securities regulators.
IXIS Asset Management Distributors LP, which saw its main sales channel dry up in 2000, has stemmed the tide of outflows and now ranks among the nation’s 10 best-selling mutual fund firms.
The Bush administration’s push for an increased use of alternative energy has shed new light on an emerging category of relatively untested and untapped investment opportunities.
As the Department of Labor puts pressure on advisers to make 401(k) fees more transparent, some financial advisers are refunding fees to participants that they are being paid from mutual fund companies.
Real estate investment trusts that focus on office properties and those investing internationally will continue to show strong performance this year, even though REITs overall have outperformed the broad market for the past seven years, according to industry experts.
