Low interest rates seen as manageable; stock prices 'beaten down to ridiculous levels'
Europe is being blamed again today for the volatility in the U.S. equity markets, but some market watchers are saying the knee-jerk reactions by investors go too far.
Technical analyst sees S&P 500 topping 1,330 in December; reversal around Christmas
Bruce Berkowitz is an icon in the fund management world. His flagship Fairholme Fund led its category for ten-year peformance. But things haven't gone so well of late for fund manager or fund, which is hemorrhaging assets. A newly announced SEC investigation of St. Joe, a company Berkowitz runs, isn't going to help matters.
COR Securities agrees to buy clearing firm, makes offer for holding company of two indie B-Ds
Custody unit boss receives 35% hike, as brokerage's management delivers in 'difficult operating conditions'
Raymond James' custody unit has picked up four new RIA firms with more than $400 million in assets.
Walter White takes helm of U.S. ops, arrives with brokerage expertise
Financial advisers are going on the offensive in terms of reaching out to clients to discuss market conditions, and most of the conversations center on market volatility.
Volatile markets haven't been friendly to those who employ asset-based advisory fees, but conventional wisdom says switching would be a hard sell ... or will it?
Getting uncashed benefit checks to ex-employees a growing problem; death a bigger complication
Required disclosures mean advisers can easily benchmark performance; onus on advisers to prod stragglers to do better
A disbarred attorney who courted politicians and star athletes and led a flamboyant lifestyle even by flashy South Florida standards pleaded guilty Wednesday to federal charges that he ran a $1.2 billion Ponzi scheme.
A Florida lawyer charged in a $1.2 billion fraud apparently heeded the American Express slogan "Don't leave home without it."
Investors claiming they were fleeced by a high-profile South Florida attorney filed a $100 million lawsuit Friday contending that the lawyer orchestrated a massive Ponzi scheme with the help of a Canadian bank's U.S. subsidiary and several accomplices.
The former chief executive officer of UBS AG's wealth-management unit in the U.K., didn't heed warning signs that risk controls in the division were ineffective before an unauthorized trading loss was discovered.
UBS's wealth management operation, with Robert McCann at the helm, has been the lone bright spot for the Swiss bank in 2011. That revival continued yesterday, as the unit landed two more big advisory teams from rivals.<br> <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111220&Category=FREE&ArtNo=122009999&Ref=PH>The 10 biggest stories of the year &raquo;</a>
Arbitration award was based on wrongful sale of VAs and variable life insurance to elderly man and his late wife; judge refuses to vacate the payment
Fund firm boss sees up to 50% chance U.S. will slide into recession
