MetLife Inc. will take a charge of up to $135 million for unpaid death benefits based on Social Security Administration records.
Sponsors of legislation that would limit on the federal levy on investment income at 15% are confident of strong support in the House. The Senate is another matter, however.
Forecast returns built into most retirement tools no longer valid, experts say; 8% is history
Ameriprise Financial Inc. counts on controlled distribution and Lincoln National Corp. 'goes Greek' to hedge variable annuities.
If they weren't already concerned about the economy, last week's precipitous stock market decline led many financial advisers to conclude that the nation is headed into another recession.
With the Sept. 13 deadline on pay-to-play rules looming, mutual fund companies are in heated discussions with broker-dealers about getting access to customer information that they need to comply
Average balances of 401(k) retirement plans reached the highest level since Fidelity Investments began tracking account values in 1998.
Richard Bové, a banking analyst with Rochedale Securities LLC, is expecting a bleak year for investment banks and brokerages, predicting that financial advisers will get less support from their parent firms and will see fewer opportunities to sign lucrative deals with competitors
Rising labor costs in China will prompt American factories to move production back to the U.S., creating up to 3.2 million jobs by 2020, the Boston Consulting Group said.
Financial services companies seeking to serve African-Americans should focus on women, who are more likely to be the household decision maker, and rethink the way they reach out to them, a poll has found
A California appeals court has ordered Wells Fargo Advisors LLC to pay $915,000 in legal fees to Stifel Nicolaus & Co. Inc. and a Stifel broker.
Jeff Henderson was a bright youngster who grew up in the inner cities of Los Angeles and San Diego. By the time he was 19, he had parlayed his natural business talents into a $35,000-a-week drug-selling operation.
The death of Apple Inc. co-founder Steve Jobs isn't being viewed by the financial markets as a turning point for the company, according to financial advisers and market watchers
Cetera Financial Group Inc. is launching a mutual fund/ETF advisory program that will give financial advisers in the firm's three broker-dealers access to institutional services and advice from three major money managers
Former Bank of America wealth management chief Sallie L. Krawcheck quietly stepped down from her Finra board seat sometime in the past week or so, according to published reports
Plans to acquire Richmond-based Anderson & Strudwick; bid to buy SWS rejected in March
If there were any chance of a double-dip recession in the U.S., it has already happened and is over now, according to Marci Rossell, the former chief economist for CNBC.
A U.S. appeals court ruled on Wednesday that Finra has no legal right to go to court to collect fines levied on B-Ds or reps. Okay, now what? | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110915&Category=FREE&ArtNo=915009999&Ref=PH>States with the highest taxes</a>
Richard Bove, a banking analyst with Rochedale Securities LLC, is expecting a bleak year for investment banks and brokerages, and suggests that financial advisers can expect less support from their parent firms and will see fewer opportunities to sign lucrative deals with competitors.
