S&P assigned AA+ scores to about 11,500 securities in the $2.9 trillion municipal bond market, including school-construction bonds in Irving, Texas; debt backed by a federal lease in Miami; and a bond series for multifamily housing in Oceanside, Calif.
Concerns over a possible default by Uncle Sam rippling the lakes of state issuers; five top-rated borrowers braced for possible downgrade
In a surprise, the U.S. Chamber of Commerce slammed the self-regulatory organization in a report this week. In it, the business group claimed, among other things, that many Finra directors have 'limited or no experience working for a financial services firm.' .
Increased market volatility is driving more financial advisers toward alternative investments and a more active approach to investing, according to the results of a new survey from Jefferson National Life Insurance Co.
Bill Gross, founder of Pacific Investment Management Co., said President Barack Obama's plan to stimulate the economy with more than $300 billion in tax cuts and spending is inadequate.
Bill Gross recently ratcheted down his outlook for the U.S. economy. He's not alone. A new survey shows advisers are growing increasingly pessimistic about the state of the recovery -- and the prospects for a stock market rally.
Allianz Global Investors on Tuesday announced restructuring effective Jan. 1 that will give PIMCO greater distribution independence and will more closely align the elements of Allianz's other business.
Warren E. Buffett's $5 billion vote of confidence in Bank of America Corp. last Thursday notwithstanding, Merrill Lynch advisers have been forced to reassure clients over the past few weeks that their parent company is not headed for insolvency.
Wealth managers say it's time all advisers look after the best interests of clients when offering financial guidance. In fact, scores of wealth managers have banded together in a non-profit that backs a higher standard of conduct. .
With key 10-year Treasury yields touching an all-time low, insurers may have to rein in annuity benefits even further. That's bad news for the carriers -- not to mention brokers and clients.
Term premium at an all-time high, but investor confidence in economy at rock bottom; 'fear priced into yields'
Speculative demand from investors has pushed the gold market into a “bubble that is poised to burst.” Wells Fargo & Co. rings the "warning bell."
Nothing in the Congressional compromise reached over the weekend makes a significant dent in our $1.5 trillion deficit, writes the Pimco bond guru.
For some children of the extremely affluent, vacation will mean taking part in special programs designed to help them deal with issues surrounding wealth
Generation X investors who handle their own portfolios trounced advisers last year. This does not necessarily bode well for the future of the business.
U.S. stocks are likely to extend declines because hedge funds have leeway to boost bets against the world's largest equity market, according to Bank of America Corp.'s Mary Ann Bartels.
For adviser Brian Fenn, the horrific events of 9/11 provided affirmation that he was on the right track with his planning practice
Despite the passage of 10 years and a move to another part of New York, the Sept. 11, 2001, terrorist attacks are never far from financial adviser Lewis J. Altfest's mind
“I think for me, it was kind of a wake-up call,” Jay Healy, president of Century Wealth Management LLC, said of the events of 9/11
