Tumult on the variable annuity scene is dampening sales at broker-dealers, raising some concerns about the impact on revenue.
In a bid to cut costs, MSSB plans to substantially pare the number of its complexes. The brokerage also plans to shrink the ranks of its nonproducing managers.
Unhappy with 3D platform, report claims
Can someone who collects reduced retirement benefits early, say at 62, suspend his benefits later and still earn delayed retirement credits? The answer is yes.
Miners a major yawn for investors; cheap P/E ratios could reignite demand
Put number at $150K -- for a family of four, no less
Mitt Romney's running mate aims to close the budget deficit while dramatically cutting taxes on investment income. Good news for advisers and clients, but is the parlay even possible?
A lot has been written and said about what Mitt Romney pays to the IRS. Here's how the multi-millionaire keeps his effective tax rate so low.