The independent-contractor-brokerage industry continues to see consolidation.
Rumors are swirling that Legent Clearing LLC is about to be bought by private-equity investors — just months after a previous attempt to buy the firm failed.
Moody's: Bank sale eliminates Fed oversight but gives Met competitive chops
Twas the week after Christmas, with most of Wall Street away – Except perhaps Regions bank – Who is buying Morgan Keegan today?
Judge OKs final distribution to customers; dispute over five gold bars
In an upcoming segment on CBS' "60 Minutes", Berkshire Hathaway chairman Warren Buffett noted that he would like his son Howard -- a farmer -- to take over the company after he dies.
Last year's stock market volatility has taken its toll: Financial advisers are a lot more skittish about equities now than they were at the start of 2011.
Last year's stock market volatility has taken its toll: Financial advisers are a lot more skittish about equities now than they were at the start of 2011.
While most of us are already well on our way to breaking our New Year's resolutions to lose weight, exercise more or declutter our desks, here are some ideas for resolutions that financial advisers might want to consider — and stick to — for 2012.
For the first time in three years, more money flowed out of Section 529 college savings plans than into them, according to new quarterly data from Financial Research Corp.
This year has meant big changes for some superstar financial advisers, with the latest, Ric Edelman, expressing his deep displeasure with the economics of the independent-brokerage business
Well-known veteran investment adviser Rob Isbitts will oversee investments for Ron Carson's new RIA.
Larry Roth is chief executive of Advisor Group, the independent-broker-dealer subsidiary of American International Group Inc. In that role, he oversees more than 600 employees who serve 4,800 financial advisers affiliated with FSC Securities Corp., Royal Alliance Associates Inc. and SagePoint Financial Inc.
State and local governments not nearly out of the woods, analyst says
Western & Southern Financial Group yesterday said it had sold the assets of its independent broker-dealer, Capital Analysts Inc., to Lincoln Investment Planning Inc.
Ratings cuts of two or more notches are expected to pick up over the summer as agencies review their methodologies
Returns for top-rated tax-exempt paper on a par with Treasuries; lower-rated debt the better bet, say experts
