SEC chairman Mary Schapiro backed a tough uniform fiduciary standard earlier today – but compromise remains a possibility
Research Affiliates chairman Rob Arnott puts the chances of a double-dip recession at better than 50%. His advice? Prepare clients 'to weather the storm'
The fraud charges brought against Goldman Sachs by the SEC may or may not provide a catalyst for market weakness, but significant risk is already baked into observable market conditions.
The following is an excerpt from the quarterly newsletter of Jeremy Grantham, Chairman of the Board of Grantham Mayo Van Otterloo LLC. To read the full newsletter, please <a href=https://www.gmo.com/America/CMSAttachmentDownload.aspx?target=JUBRxi51IICH9wllS7nFzv7ybaFb7pejnbwTNH0bkvX%2b6VuTG%2fK%2fZQlXslaAJiXTuWWsm17RpANM4ky9wfHNILCaoOCk9CxUxd1YL1lKMqQ%3d>click here.</a>
Western National Life, an AIG Inc. subsidiary, emerged as the top fixed-annuity seller in the bank channel during the third quarter of 2009, displacing rival New York Life Insurance Co., according to data from Beacon Research Publications Inc.
Retail brokers have come under Securities and Exchange Commission Chairman Mary Schapiro's microscope, thanks to a warning she issued late last month about the dangers of recruitment deals.
Gitterman & Associates, a 10-person team in Georgia, has found a new home.
Recent setbacks to Broadridge Financial Solutions Inc.'s Ridge business have driven down the price of the clearing unit's impending sale to Penson Financial Services Inc.
Bank takes $200M charge to cover legal costs, potential settlements arising from bond fund probe
An unprecedented number of pharmaceutical drugs will lose their patent protection in the next few years, a transition that sets the stage for a host of investment opportunities — and potential pitfalls.
Broker-dealers are in favor of several proxy proposals that urge the Financial Industry Regulatory Authority Inc. to become more transparent, but they doubt Finra will implement any of the ideas even if a majority of members approve them.
Merrill Lynch has nearly 3,000 fewer financial advisers than Morgan Stanley Smith Barney. That didn't stop Sallie Krawcheck's crew from generating a much larger profit than MSSB in the first half of the year.
Soltis Investment Advisors is consolidator's 10th deal
Star slugger's sign in left field replaced by ad for insurer
The tide is high, as house sales in the Hamptons surge; plowing market profits 'into real estate'
Tea Party members are mad as hell and they're not going to take it anymore -- an attitude that just might spark a second-half rebound in stocks prices, say money managers. Here's how.
Amid the rather lackluster financial results announced today by the Charles Schwab Corp., the company's RIA custody business continues to shine.
UBS Financial Services Inc. said it hired Thomas G. McLoughlin, former chief executive officer of National Public Finance Guarantee Corp., as head of municipal bond research for its Wealth Management Americas unit.
We expect the economy and markets will stay on the course for growth in 2010.
